Disclosure Regarding Sopra Steria’s stake in Axway
24 10월 2022 - 2:45PM
Business Wire
Regulatory News:
Sopra Steria (Paris:SOP):
In connection with measures being taken to improve its
operational performance, Axway Software announced today that it had
signed an agreement for the disposal of a product that no longer
fits within its strategy.
In accounting terms, in Axway’s financial statements for
financial year 2022, the disposal will generate a non-recurring,
non-cash expense estimated at between €75 million and €85 million,
before the tax impact.
Consequently, the amount of Net profit from associates in Sopra
Steria’s 2022 income statement will be affected in proportion to
its stake in Axway (32%), i.e. an impact of between €24 million and
€27 million, before the tax impact.
This event, which has no impact on the Group’s cash position, is
not likely to affect the proposed dividend that will be approved by
the Board of Directors in respect of financial year 2022.
Next financial release
Friday, 28 October 2022 (before market open): Publication of Q3
2022 revenue.
Disclaimer
This document contains forward-looking information subject to
certain risks and uncertainties that may affect the Group’s future
growth and financial results. Readers are reminded that licence
agreements, which often represent investments for clients, are
signed in greater numbers in the second half of the year, with
varying impacts on end-of-year performance. Actual outcomes and
results may differ from those described in this document due to
operational risks and uncertainties. More detailed information on
the potential risks that may affect the Group’s financial results
can be found in the 2021 Universal Registration Document filed with
the Autorité des Marchés Financiers (AMF) on 17 March 2022 (see
pages 38 to 44 in particular). Sopra Steria does not undertake any
obligation to update the forward-looking information contained in
this document beyond what is required by current laws and
regulations. The distribution of this document in certain countries
may be subject to the laws and regulations in force. Persons
physically present in countries where this document is released,
published or distributed should enquire as to any applicable
restrictions and should comply with those restrictions.
About Sopra Steria
Sopra Steria, a European leader in the field of technology,
renowned for its consulting, digital services and software
development, helps its clients drive their digital transformation
and obtain tangible and sustainable benefits. It provides
end-to-end solutions to make large companies and organisations more
competitive by combining in-depth knowledge of a wide range of
business sectors and innovative technologies with a fully
collaborative approach. Sopra Steria places people at the heart of
everything it does and is committed to putting digital to work for
its clients in order to build a positive future for all. With
47,000 employees in nearly 30 countries, the Group generated
revenue of €4.7 billion in 2021. The world is how we shape
it. Sopra Steria (SOP) is listed on Euronext Paris (Compartment
A) – ISIN: FR0000050809 For more information, visit us at
www.soprasteria.com
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Investor Relations Olivier Psaume
olivier.psaume@soprasteria.com +33 (0)1 40 67 68 16
Press Relations Caroline Simon (Image 7)
caroline.simon@image7.fr +33 (0)1 53 70 74 65
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