Capgemini: cuts growth target for 2024
(CercleFinance.com) - Alongside its interim results, Capgemini has reduced its 2024 sales growth target at constant exchange rates to -0.
5% to -1.5% (instead of 0% to 3%), although confirms its operating margin and organic FCF targets.
The IT services group's H1 net income (group share) rose 3% to E835m, with a stable operating margin of 12.4% on sales that are down 2.5% to just over E11.1bn.
Order intake totaled almost E11.8bn, down 1.7% at constant exchange rates, representing a book-to-bill ratio of 1.06 for the period (although 1.09 for Q2 alone, above its historical average).
Copyright (c) 2024 CercleFinance.com. All rights reserved.
5% to -1.5% (instead of 0% to 3%), although confirms its operating margin and organic FCF targets.
The IT services group's H1 net income (group share) rose 3% to E835m, with a stable operating margin of 12.4% on sales that are down 2.5% to just over E11.1bn.
Order intake totaled almost E11.8bn, down 1.7% at constant exchange rates, representing a book-to-bill ratio of 1.06 for the period (although 1.09 for Q2 alone, above its historical average).
Copyright (c) 2024 CercleFinance.com. All rights reserved.