Wednesday 31 October 2018

*UKHotViewsExtra* Sopra Steria UK Q3: JVs behind growth

Sopra Steria logoLast week, we highlighted a return to growth for Sopra Steria’s UK business, as it turned around a 3.4% decline in H118 to a 3.5% organic growth in Q3 – see Sopra Steria Q3: The journey continues. Growth was largely put down to the business’ joint ventures: NHS Shared Business Services (NHS SBS) and Shared Services Connect Limited (SSCL, with the Cabinet Office). By contrast, the H118 decline was also put down to SSCL – but in that case, it was the impact of one-off transformation revenue in 2017 not repeating in 2018, dragging down the numbers.

NHS SBS and SSCL have a large sway when it comes to the UK’s performance, as they account for around a third of the region’s turnover.

HotViews premium logoWe recently caught up with John Neilson. He has a triumvirate of hats! - Sopra Steria’s Deputy CE; SSCL CEO and NHS SBS CEO. Our conversation centred on the performance of the joint ventures. In this latest UKHotViews Extra we analyse their progress and likely future and consider the impact on the performance of Sopra Steria UK. Subscribers, including those to UKHotViews Premium, can read the research note now….  If you are not yet a subscriber, please contact Deb Seth to find out more.

Posted by Georgina O'Toole at '16:19' - Tagged: publicsector   centralgovernment   jointventure   health   bps   automation