Sopra Steria raises annual growth forecast as cybersecurity and defence demand strengthens
PARIS, France, October 29, 2026, ZEX PR WIRE — French technology consulting company Sopra Steria raised its annual organic revenue growth forecast for the second time this year after reporting stronger third quarter sales. The improvement was supported by demand from defence, aerospace, cybersecurity and public sector customers, highlighting the importance of security related technology spending during a challenging economic period.
The company reported quarterly revenue of approximately €1.42 billion, representing an increase of 7.9%. It raised its full year organic revenue growth target to between 2.5% and 3%, compared with its previous forecast of 2% to 2.5%.
Cybersecurity becomes an important growth contributor
Organisations across Europe are facing growing pressure to protect digital infrastructure, sensitive information and operational systems.
Cybersecurity services have become increasingly important for governments, financial institutions and companies operating essential services. These organisations require support with risk management, secure system development, incident response and compliance with evolving security requirements.
Sopra Steria provides consulting and technology services across several sectors, allowing it to participate in digital transformation projects as well as security focused programmes.
The latest quarterly performance suggests that spending on these services remains relatively resilient, even when businesses are cautious about broader technology budgets.
Defence and public sector contracts support revenue
Demand from defence and aerospace customers was another contributor to growth.
European governments and related organisations have been increasing their attention to technology resilience, secure communications and digital capabilities. Such projects can involve long development periods and complex procurement processes.
For technology consulting firms, public sector and defence contracts can create opportunities for sustained project activity. However, revenue recognition and profitability still depend on successful delivery, staffing availability and contract terms.
The company’s improved forecast indicates confidence in its ability to maintain momentum across these areas.
What the outlook means for technology services
Sopra Steria’s results highlight a distinction emerging within the technology services industry.
Some businesses are facing slower discretionary spending on general digital transformation, while companies providing cybersecurity and mission critical technology services continue to benefit from customer demand.
Investors will be monitoring whether the company can maintain its growth trajectory, convert revenue into operating profit and secure additional contracts.
The results also suggest that cybersecurity is becoming more closely connected to national infrastructure investment and long term technology planning, rather than being treated solely as a corporate IT expense.
