Capgemini: Q3 sales up 7.4% at 3,468 million euros
(CercleFinance.com) - Capgemi reported Q3 2019 sales of 3,468 million euros, up 7.
4% at current exchange rates (5.9% at constant exchange rates) compared to the same quarter of 2018.
The group's organic growth, i.e. excluding the impact of currencies and changes in its consolidation scope, reached 5.0%.
Over the first 9 months of the year, revenue was up 6.1% at constant exchange rates (organic growth of 4.9%).
Orders booked in the third quarter amounted to 3,411 million euros, up 19.6% at constant exchange rates y-o-y.
"The Group now targets for 2019 a revenue growth at constant exchange rates of around 5.5%, a rate which was the lower end of the previously announced growth range. The Group confirms its targets in terms of improved profitability with an operating margin of 12.3% to 12.6% and stronger organic free cash flow - on a comparable basis - of over E1.1 billion," management said.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
4% at current exchange rates (5.9% at constant exchange rates) compared to the same quarter of 2018.
The group's organic growth, i.e. excluding the impact of currencies and changes in its consolidation scope, reached 5.0%.
Over the first 9 months of the year, revenue was up 6.1% at constant exchange rates (organic growth of 4.9%).
Orders booked in the third quarter amounted to 3,411 million euros, up 19.6% at constant exchange rates y-o-y.
"The Group now targets for 2019 a revenue growth at constant exchange rates of around 5.5%, a rate which was the lower end of the previously announced growth range. The Group confirms its targets in terms of improved profitability with an operating margin of 12.3% to 12.6% and stronger organic free cash flow - on a comparable basis - of over E1.1 billion," management said.
Copyright (c) 2019 CercleFinance.com. All rights reserved.