Sopra Steria: impacted by a sale of Axway product


(CercleFinance.com) – Sopra Steria announces that Axway, in which it holds 32% of the capital, has announced the signing of an agreement concerning the sale of a product that is no longer part of its strategy for the improving its operational performance.

In accounting terms, the sale will generate a non-recurring, non-cash charge in Axway’s 2022 financial statements, which will be reflected in Sopra Steria’s 2022 results by an impact of between €24 and €27 million before tax effect.

This event, which has no effect on the cash position of the IT services group, is not likely to affect the dividend proposal which will be approved by the Board of Directors for 2022.

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