Accenture reported financial results for the first quarter of fiscal 2018, ended Nov. 30, 2017, with net revenues of $9.5 billion, an increase of 12 percent in U.S. dollars and 10 percent in local currency over the same period last year.
Diluted earnings per share were $1.79, an increase of $0.21, or 13 percent from the first quarter last year.
Operating income was $1.49 billion, an increase of 12 percent over the same period last year, and operating margin was 15.6 percent, consistent with the first quarter last year.
New bookings for the quarter were $10.0 billion, with consulting bookings of $5.9 billion and outsourcing bookings of $4.0 billion.
Pierre Nanterme, Accenture’s chairman and CEO, said, “We delivered excellent financial results for the first quarter. I am particularly pleased with our broad-based revenue growth of 10 percent in local currency – including double-digit growth in four of our five operating groups and two of our three geographic regions – as well as very strong new bookings. We also delivered 13 percent growth in earnings per share and returned $1.4 billion in cash to our shareholders.
“Our outstanding results reflect the significant investments we have made to differentiate Accenture – especially in digital, cloud and security services, which account for more than half of our total revenues. Our growth strategy is clearly resonating with our clients, and we are very well-positioned to continue gaining market share, driving profitable growth and delivering value for our clients and shareholders.”
Click to download the full report: https://newsroom.accenture.com/news/accenture-reports-strong-first-quarter-fiscal-2018-results.htm
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