Thursday, April 26, 2007

CapGemini Blows Away Expectations in Q1-2007


Capgemini SA (CAPP.PA) just reported excellent Q1-2007 resutlts. Sales grew 18.5%, driven by consulting, growth in outsourcing business and the Kanbay acquisition. Results were far ahead of analyst expectations. CapGemini also raised full year guidance from current level of 8% to 9%...



2 comments:

Jim Jones said...

Capgemini has starting showing its incompetence in dealing with employees. More and more employees are feeling let down as the company is not able to keep up to its promises. There is a growing concern among the employees that the company is not able to keep up with the growth rate it is projecting.

Anonymous said...

Do not agree with above comment that Capgemini is not able to keep up the growth, The growth is measured in the number of big deals Company is being cracking now a days plus the client recognisions and their commitment to provide more business. This reflects in the strong $ bookings that Capgemini. Employee dissatisfaction on his/her job is not uncommon across this industry since the IT business is seeing a major outsourcing in its history. There are employees upset at native country when the job is outsourced and also the place where it is outsourced is seeing the bigged boom in job market. Due to with companies in countries like India are having difficult time to retain employees. Seeing people jump company may be discouraging for some of the employees , thinking they are loosing their share of benifits by not changing jobs and their expectations go high with their parent companies to retain them - more compensation!!. But in reality the other companies also have emproyees at same situation. This will continue as long as job marke in countries like India is accelerating up North. Will stabilize in 2-3 years.