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2008 revenue: EUR 1,765.7m, overall growth +24.7%, organic growth +0.9%

• Consolidated revenue in 2008 were EUR 1,765.7m, an increase of 24.7% compared to FY 2007. The negative impact from exchange rate fluctuations in 2008 was EUR 124.8m [1]. Revenue grew by 0.9% on a like for like basis.
• The fourth quarter 2008 activity was in line with expectations: revenue saw organic growth of 1.0% compared to Q4 2007 and order intake was significantly higher. The order intake to sales ratio was 1.31 in the fourth quarter 2008. As of 31st December 2008 this ratio was 1.07.
• The operating margin [2;3] rate for FY 2008, which was higher than in FY 2007 (7.3%), should be in excess of our previous guidance of 7.5%.
• Thanks to good operating cash flow generation, net financial debt as of 31/12/08 should be below EUR 250m [3] (compared to an initial guidance of EUR 300m). In addition, the book value [3] of the pension fund deficits should be lower than at 30/06/08. Moreover, the banking covenants will be largely respected.

2008 third quarter revenue: EUR 427.7m, Overall growth +38.7%, Organic growth +3.9%

• Consolidated revenue for the third quarter of 2008 rose 38.7% to EUR 427.7m. Like-for-like revenue in the third quarter of 2008 rose 3.9%.
• Every geographic zone experienced organic growth in the third quarter. As forecast, there was a rebound in revenue in France (+5.1%) and the United Kingdom (+1.9%) compared to the trends seen in previous quarters.
• The pipeline is robust: as of September 30 2008 it represented 2.1 times annualised revenue and was 2.4% higher compared to June 30 2008

Steria France under New Management

Interim Results 2008: Operating margin +52.6% to EUR 62.2m. Operating margin ratio sharply higher at 7.1%

• H1 2008 Revenue: EUR 878.7m, a growth of 35.6%H1 2008 Operating Margin [2]: EUR 62.2m +52.6% compared to H1 2007.
• Operating margin ratio [2] up by 0.8 points to 7.1% (vs. 6.3% in H1 2007).
• Good management of operating cash flow with an improvement in the operating cash flow by EUR 14m compared to H1 2007.
• Net financial debt at end June 2008 was EUR 339.9m which easily allowed the group to respect its banking covenants.
• A successful integration of Xansa with first half 2008 synergies in excess of the initial business plan and a promising deployment of offshore and nearshore activities in continental Europe with more than 115,000 man/days production signed.

First half 2008 Revenue: EUR 878.7m. Overall growth: +35.6%

• Revenue for H1 2008 increased by 35.6% to EUR 878.7m. Excluding perimeter and currency effects, revenue in H1 2008 was nearly the same as in H1 2007 (-0.5%).
• Order entry accelerated during the second quarter and allowed H1 2008 to post a robust ratio of order entry to revenue of 1.08.
• The targeted stable operating margin rate[1] in H1 2008 compared to H1 2007 should be significantly exceeded[2].
• The integration of Xansa continues to be in line with the initial objectives and the banking covenants as of June 30 2008 were well within the levels which were originally defined[2].
  

Groupe Steria SCA Combined General Meeting - 6 June 2008 Result of votes

Capital increase reserved for the employees of Groupe Steria

Description of the share buyback programme put to the mixed general meeting of shareholders 6 june 2008

2007 Financial report The 2007 Financial Report, filed with the Autorité des Marchés Financiers (“AMF” or “French Financial Market Authority”) is available in French on Steria Website

First quarter 2008 revenue: EUR 438.5m. Global growth: + 38.3% • Consolidated revenue for Q1 2008 increased by 38.3% to €438.5m.
• Like-for-like revenue was virtually stable (-0.3% compared to Q1 2007).
• In the UK, organic growth based on Steria’s historic perimeter was +8.6%. The revenue trend for the full perimeter notably reflects the expected impact of the non renewal of the Learning and Skills Council and MyTravel contracts.
• In Germany, organic growth was 14.4%.
• In France, Q1 2008 is the last period which will be impacted by the effects of the transformation programme before a return to growth which is expected for Q2 2008.

2007 annual results[1], operating margin rate[2]: 7.3%, operating free cash flow[3] +153%, gearing[4] below 50%

• 2007 annual revenue: €1416.2m, + 12.7%
• 2007 operating margin[2]: €103.6m, + 15.7% compared with 2006, representing a margin rate of 7.3% (vs. 7.1% in 2006)
• Operating free cash flow increased by 153.1% to €85.8m vs. €33.9m in 2006. This good performance has enabled the group to reduce net financial debt to €306.9m as of 31 December 2007, with a gearing of 45.3%, below initial expectations.
• Taking into account the confidence of the Group in its prospects, it is proposed to pay a dividend of €0.42 per share for FY 2007.

2007 Sales: EUR 1 416.2m. Overall growth +12.2% (including Xansa). Organic growth for Steria +4.2% [1]

• Consolidated sales in 2007 including 2.5 months from Xansa, were EUR 1416.2m, up 12.2% on 2006. 
• Excluding Xansa, Steria’s 2007 sales were EUR 1 306.9m, an organic growth of 4.2% in line with the guidance given at the time of the publication of the Q3 2007 revenue. 
• Trading conditions in Q4 were brisk: the pipeline as of December 31 2007 rose by 7.7% over the year and order entry increased by 9.4% on Q4 2006. 
• Excluding Xansa, Steria’s operating margin in 2007 , will be higher than 2006 (7.1%). In addition, Xansa’s sales over the 2.5 months in 2007 should generate an operating margin [2] above 7%. 
• As of December 31 2007, bank covenants were largely respected. Estimated net financial debt is around EUR 310m and the pension fund deficits [3] both for Steria’s previous structure and Xansa are lower than the last published accounting valuation. 
• The integration of Xansa is going according to plan and this allows the Group to confirm cost savings from the acquisition of around EUR 23m in FY 2008.

€201 million capital increase oversubscribed

Over-allotment option exercised and end of the stabilisation period. The hybrid subordinated convertible bonds’ offering size is increased to €152.45 million

Successful placement of €148.50 million hybrid subordinated convertible bonds (subject to an increase to up €152.45 million) Final Terms

Simultaneous launch of a hybrid subordinated convertible bond and a rights issue totalling €349 million to partially refinance the Xansa acquisition

Equity refinancing foreseen before year end 2007 intregrating the issue of a hybrid subordinated convertible bond

Nine-month 2007 revenue

• In the first nine months of 2007, revenue growth was 5.4% on a like-for-like basis.
• During the third quarter 2007, revenue growth was 3.3% on a like-for-like basis. This should be seen in the context of a high comparison base in the UK (Q3 2006 growth: +28.7%) and the rapid progress of the business transformation plan in France. In France, revenue growth from own resources was 12.4% on Q3 2007, as low value added sub-contracted business was sharply reduced.
• The Xansa integration process is in line with our forecast, that enables the Group to define as an objective an operating margin rate (1) for 2008 above 8%.

Steria's successful acquisition of Xansa creates one of the most advanced business models in the European IT service sector

Groupe Steria SCA [Euronext:RIA] today announced that it has successfully completed the acquisition of Xansa plc (“Xansa”). This operation will enable Steria to create one of the most advanced business models in the European IT service sector through highly client-customised services and a fully integrated Europe-India delivery model. The new Group reinforces its position in the top 10 IT Service providers(1) in Europe (1.8bn euros revenue(2) with more than 18 000 employees(3)), and propels it to a number nine position in the UK IT Services market.

Recommended acquisition of Xansa PLC by Groupe Steria SCA: Xansa Extraordinary General Meeting votes in favour of the Scheme of Arrangement

Acquisition of Xansa stock Since the announcement on 30 July last of the public offer made by Groupe Steria SCA to acquire the shares of Xansa plc, Groupe Steria SCA has acquired a certain number of Xansa plc shares from several of its shareholders. At the date of this press release, this holding amounts to 88,474,371 shares accounting for 25.4% of the share capital of Xansa plc. These acquisitions were made at a price of 130 pence per share.

Groupe Steria SCA: invitation to the Combined General Meeting of 5 June 2007 Please download Invitation as pdf

Capital increase reserved for the employees of Groupe Steria

First quarter 2007 Revenue: EUR 317.1m, overall growth: +4.6%

• Consolidated revenue for the first quarter 2007 rose 4.6% to EUR 317.1m, in line with the Group’s estimations. Excluding currencies, organic growth was 4.1%. 
• Revenue in Germany rose 8.9%.

2006 annual results: Operating margin: 7.1%, attributable net profit increased by 41.9%

2006 revenue: €1,262 million, Organic growth: 7.4%

• The organic growth in consolidated revenue in the fourth quarter 2006 was 10.7%.
• Second half organic growth was 10.8%.
• For the year as a whole, revenue grew by 7.4% in organic terms to €1,262 million driven by the performance of the three main geographic zones who each grew by 10%.

Third quarter 2006 revenue: €298.4 million, Organic growth: 10.9%

• The Group's consolidated third quarter revenue increased by 10.9% driven by a good performance in all three of our principal geographic zones (representing more than 80% of total Group revenue): UK +28.7%, Germany +11.9%, France +9.9%.
• Over the first 9 months of 2006, consolidated revenue posted an organic growth of 6.1% at €905.6 million.

Steria Group adapts its corporate structure and governance

First-half 2006 results: Operating margin 6.3%, EPS up by 33.3%

• First half 2006 revenue was € 607.2 million, up 4%
• The operating margin was €38 million, up 28.5% compared with first half 2005, giving an operating margin rate of 6.3% (vs. 5.1% in first half 2005) 
• Attributable net profit was €21.9 million, up 34.9%
• EPS1 was 1.16 euros, up 33.3%

First half 2006 revenue: €607.2 million, Growth: +4%

First Quarter 2006 revenue: €303.2 million, Total growth: +9%

Steria 2005 results - Operating margin: +61%

Steria 2005 revenue: €1,175 million, Overall revenue growth: +19.5 %

• Consolidated revenue (under IFRS) for the Steria Group in 2005 rose by 19.5% to €1,174.9 million. Group organic growth was 4%.
• In France, organic growth in 2005 was 8.8%.
• Operating margin for the second half of 2005 is expected to show an improvement versus the second half of 2004, in line with the group’s primary objective.

Nine-month 2005 revenue €853 million - Overall revenue growth: +21.2% o/w France: +9.7% The Steria Group has posted 3Q05 revenue of €269.8 million, up 22.4% compared with the third quarter of 2004. In France, the Group's revenue grew at 9.4%, in the same period.

STERIA 2005 first-half results Revenue growth and strong improvement in profitability Revenue: + 21 % Operating profit: + 69 %

Steria 2Q05 revenue: €305 million Overall revenue growth: + 24 % o/w France: + 15.5 %

Steria 1Q05 revenue +17% to €278.3 million

2004 RESULTS STERIA strengthens its TOP-10 position in the European IT services sector, operating income increased by 9.8%, positive cash position of €30m

STERIA 2004 revenue €984 million - Overall revenue growth in France: + 9 %

Third-quarter 2004 revenue: €221m - Overall revenue growth: + 5.7% o/w France: + 14.4%

STERIA 2004 first-half results Operating profit + 21 %

STERIA 2004 second quarter revenue €246 million - Total growth: +3,1% o/w France: +7,8%

STERIA 1Q04 revenue €237 million - Positive organic growth: +1% o/w France: +6.6%

2003 results - Targets met: profitability boosted - EPS more than double

STERIA 2003 revenue: €970 million

Nine-month Consolidated Revenue 2003: €687 million

STERIA 2003 first half results - Very sharp rise in earnings per share

STERIA 2003 first half revenue: €478.5 million

STERIA first quarter 2003 revenue - Resistance in a difficult market

STERIA 2002 results - Operating profit doubles in the second half of 2002, a successful strategic advance

Revenues above one billion euros - Successful strategic integration of Integris Europe - Rapid adaptation to a tougher business climate

Nine-month consolidated revenue 2002 €788m proforma

First-half 2002 - Integration Full Steam Ahead - successful transformation

First-half Year 2002 Revenus multiplied by two: €547m pro forma

First quarter revenues 2002 - €260 m proforma - Slower growth in a still depressed market for IT services