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Industry Summary Articles

Thursday, September 03, 2020

Capgemini: First half performance reflects the Group’s resilience

Revenues of €7,581 million, up +8.2% with the acquisition of Altran

H1 constant currency growth of +7.9% and organic growth* of -3.4%

Q2 constant currency growth of +13.4% and organic growth* of -7.7%

Operating margin* up +3% in value and down a limited -0.6 points to 10.8% of revenues

Normalized earnings per share* down -4% and Net profit (Group share) down -20%

Organic free cash flow* up €16 million to €106 million

 

The Board of Directors of Capgemini SE, chaired by Paul Hermelin, convened on September 2, 2020 to review the accounts of Capgemini Group for the first half of 2020.

Aiman Ezzat, Chief Executive Officer of Capgemini Group, said: “We achieved a robust performance in the first half. The Group ensured the continuity of our clients’ service while maintaining a strong momentum in bookings. I would like to thank all Capgemini employees for their outstanding commitment throughout this period. These results are not only a reflection of our strong responsiveness to the crisis but also the work carried out over the past decade to improve our operating model, diversify our activities and develop our digital and cloud services.

Today, we set objectives for 2020 that illustrate the resilience of our revenues, profitability and organic free cash flow.

This first half was also marked by the completion of the acquisition of Altran, which brings a new dimension to our Group and a leadership position in the dynamic “Intelligent Industry” market. The integration is progressing rapidly in particular thanks to the quality of the collaboration between the teams.

Finally, I would like to highlight our commitment to tackling climate change, which I have placed at the heart of the Group’s priorities, with our new target of “net zero emissions” by 2030.”

To view original Press Release, please click here.

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