Capgemini FY 2009 and Positive Outlook Makes Shares Zoom

Capgemini S.A. just released its full year 2009 audited results today, with 2009 revenues at EUR 8.371 billion down 3.9% from 2008 revenues of EUR 8.710 billion in Euro terms. On constant currency terms, 2009 revenues were down 5.5% from 2008.

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Capgemini Q3-2009 Revenue Down 9%, But Confirms 7% Operating Margin for 2009

Capgemini just reported its Q3-2009 financial results with revenues of EUR 1,946 million, which was 9.0% below Q3-2008 revenues of EUR 2,098 million on constant exchange rates. On a reported basis revenues were 7.3% lower. Capgemini attributed this to a decline in the economic environment, and a sharp reduction in corporate IT spending...

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Capgemini Posts 2008 Revenue Growth of 5pp and Increase in Operating Margin

Capgemini recently posted its full year 2008 financial results, creditable performance given the heavy economic global turmoil that has affected every country and industry all over the world.

2008 revenue at EUR 8.7 billion was up 5% on local currency terms versus 2007 revenue, but was flat on Euro terms to the reported 2007 revenue of EUR 8.7 billion, as the Euro and GB Pound had appreciated against the US dollar at least for the first ten months of 2008. Operating profit as a percentage of revenue actually increased from 7.4% in 2007 to 8.5% in 2008, and operating profit in EUR terms increased from 493 million to 586 million. Capgemini decreased somewhat its cash position, holding EUR 774 million of cash at end of 2008 versus EUR 889 million of cash at end of 2007. Consulting and Outsourcing bookings rose to EUR 9.3 billion in 2008, up 4% from 2007...

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