Industry Summary Articles

The Capgemini Group achieved consolidated revenues of €3,228 million in Q3 2018, up 8.7% year-on-year at constant exchange rates^*.

Paul Hermelin, Chairman and Chief Executive Officer of the Capgemini Group commented: “The Group continues to grow at a robust pace, driven by the ongoing development of Digital and Cloud activities. Momentum remains strong in North America, our largest market, with a double-digit revenue progression. In Europe, the United Kingdom returned to growth and France reported an excellent quarter.

With the launch of Capgemini Invent last month, we’re well placed to capture even more of the demand for digital innovation, consulting and transformation coming from the heads of business and operations of leading groups. We benefit from a unique market positioning, thanks to the combination of our experience in consulting, data science and emerging technologies, together with expertise brought to the Group by recently acquired digital companies, such as LiquidHub this year.

Our momentum will remain strong in Q4 2018 despite an even higher comparison basis and we now expect to reach growth of 6.8%[1] at constant exchange rates. This leads us to raise our full year 2018 target: we now aim for revenue growth of above 7.5% at constant exchange rates.”

Group growth remained strong during the quarter despite a high Q3 2017 comparison basis. Revenues totaled €3,228 million, up 7.7% year-on-year at current exchange rates and 8.7% at constant exchange rates. Organic growth* (i.e. excluding the impact of currency fluctuations and changes in Group scope) was 6.3%.

Digital & Cloud activities grew over 20% at constant exchange rates in Q3 and now generate around 45% of Group revenues.

In the first nine months of the year, Group revenues grew 8.2% at constant exchange rates and 6.4% on an organic basis.

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