Sopra Steria Group Un/Adr

Thank you very much. Thank you. I also want to highlight the good performance in our consulting business. In the second quarter we experienced a third quarter of consecutive growth after 2025 which was a difficult year. 11% growth over the quarter is driven by France, Germany, the UK, Spain and Italy. So good business momentum came with some good business success. For the European Space Agency, for example, Sparta Steria and Sterion won a framework agreement covering project management Space Engineering, AI, and Data for all European sites for the agency. This highlights the complementarity between SOPA's various space expertise and the reinforced geographic footprint and the contribution from Darien. This enables us to support the full European ecosystem for ESA. In the UK, we want to contact with the SCA and that's the modernisation of its information system based on automation, artificial intelligence and leveraging data. In France, we were selected by the Ministry of the Armed Forces for the ODEM programme, so that's rolling out the future in-service support and the IT system, so this obviously positions us well We also won a major contract with Barents Watch, so this is the national maritime surveillance platform and this covers development, operation and maintenance for critical services, so for swallowing ships. and many others. We've made artificial intelligence a development priority. We're obviously convinced that it's potentially We've concentrated our efforts on three different areas, so developing authentic AI solutions that are diverse to address our customers' needs, and reinventing business process services with the launch of Lumina. and then renovation of our production methods thanks to the rollout of an internal AI backflow. So let's take a look at each of these points. Verticalized Authentic AI, the idea is to roll out solutions that can be applied to a specific business and that addresses specific needs but also to provide sovereign solutions in critical and regulated sectors where we're particularly exposed to defence, aerospace, public sector and financial services. and this comes with a high level of industrialisation thanks to AI Factory and it means we can roll out use cases at large scale. So to do so we're drawing on our internal expert and our IP and the tools that we've already developed such as the Jaka sovereign AI platform as well as a selection of technological partners like Mistral or Red Hat. Second area focuses on new generation business process services. with the launch of Subra Steria Lumina. And this new offer embeds native AI, so it's a unique platform, fully integrated, combining ethics, tools, and artificial intelligence solutions with operational expertise that we've had in our teams for a long time. So it's based on an outcome-based model, and this will be rolled out in highly regulated sectors like financial services, public sector, defense, or health. Now the third area concerns or regards production of our services at an industrial scale. So this is the AI backbone. This is the foundations of the way we'll produce services in the future. And it can be progressively accessed by production teams, combines open architecture, it's agnostic, it's got a production platform which has been designed natively. And this enables us to roll out AI quickly, across all of our activities and our teams will be progressively trained on this platform and we're aiming to have half of our teams trained on it by the end of the year so together all of these initiatives show how AI is being taken into account across our business turn it into a tool and added value for our customers so from Design a sovereign solution suitable for each sector, so transforming business operations right through to industrial rollout and keeping things under control at large scale. So one of the points that makes Prostaria unique is its specific positioning that it has in critical sectors that are regulated at the heart of European priorities. So, in terms of the group's businesses, focusing on four strategic verticals, public sector, defence-based security, financial services and aerospace. And they're promising in the mid-term. They're at the heart of European sovereignty challenges and they should benefit from significant investment in the coming years. Sofra Steria is a leading player in Europe in these critical sectors and it's particularly legitimate when it comes to European sovereignty matters. It also specialises in critical systems and regulated environments and it's capable of taking on a results-based commitment. which is the case for 60% of its business. So during the first half, we carried on investing in order to reinforce this positioning. We've acquired Sterian and Nixover to establish a leading European player in the space sector at a critical size of over €200 million with 2,000 employees. We're also in exclusive negotiations with two companies to reinforce our footprint in aerospace. So the company did still product simulation to reinforce our PLM business and then manufacturing engineering from data industrial services that will reinforce our expertise in space engineering. Finally, we've acquired Business Capital Fund from Eurasia. So that's a team with about 20 people specialised in steering supervision and automation of rent. So it's addressing industrial needs for sensitive sites, infrastructure management for critical infrastructure, and then obviously public security. So before we conclude the highlights, I wanted to talk about the environment, responsible digital, and impact on society. So we have acquired the Level 2 Numerique Responsable certification, and that's awarded by France's Institut de Numerique Responsable. And this recognition obviously comes It recognises the commitment that we've had for several years now. Over 10,000 employees have been made aware or received training on eco-design. We've also reinforced our commitment to trusted digital technology with e-offers, so protecting young people in the digital age, making them aware of good practices to have online. Then our ESG commitments are still recognized by the key rating agencies, the key extra financial agencies. So, EcoVedas were platinum in the top 1% of companies assessed, and our score is at 98 out of 100. and we have the ongoing ISA 14001 rollout for the group's major sites in France and this obviously highlights our willingness to keep improving our performance in the environment in the long term. And with that I'll hand the floor to Etienne du Vignaux who will talk about the situation by reporting unit. as well as the consolidated accounts of the first half. Good morning, ladies and gentlemen. So before we go over the situation by reporting unit, just some information for you on the segment information. So in light of changes to our operating model, we've reviewed how we allocate costs to service lines and verticals. In real term, group investment, group level investment in service lines like consulting, DPS and cyber, and then in the verticals, aeronautics, defence, financial services. That was previously assigned to the France reporting unit and now it's allocated across all reporting units. This adjustment has no impact on the Group's operating profit on business activity and the various reporting units have been restated with a 2026 methodology to ensure comparability. So let's come back to the results by reporting units, starting with France. France, revenue stood at €1,315.6 million. Q2 got off to a good start with organic growth of 7.1%, supported by the public sector, transport, aerospace, defence, security and space, as well as financial services. Operating margin on business activity was 9.5%. Contraction when compared with 2025, and this reflects use of higher subcontractors, more subcontractors, to ramp up major programmes throughout the first half. In the UK, revenue stood at €454.1 million, organic growth in revenue of 2.5%. This was driven by development of next-generation BPS, Financial Services, Defence, and then services related to new technologies. Operating margin on business activity stood at 9.5%, so up 0.8 points when compared with H1 2025. Europe. Revenue stood at 1.8 billion. Excluding SFT, the division had organic revenue growth of 3%, so Switzerland, Italy, and Spain had good momentum, just like Scandinavia, which experienced an acceleration in Q2. Germany and Belgium improved in the second part of the semester, and then the Netherlands experienced a moderate contraction with an outlook for improvement. Return to growth in these three countries in the second half, that's expected. So, SFT revenue stood at 37 million euros, aligned with the program, with the planned stop of the program.

and Yvonne Boussard-Josephson. And then we have the next step, which is going to be to put the numbers together. So for the first year, it's going to be five, six, seven, eight, nine, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 62, 63, 63, 62, 63,

2,958,000,000 natural revenue organic growth of plus 3% versus the first half of 2025 and then we have an increase of 8.5% for the operating profit on business activity this shows a 9.6% margin rate versus 9.2% during the first half