Capgemini Q1 results remain on track
Ovum comments on Capgemini's
8 May 2008
Publication
Capgemini reported its first quarter 2008 results showing strong confidence in
growing revenue of 5% in 2008 and achieving an 8.5% operating margin.
Bookings for the first quarter 2008 amounted to €2,168 million, compared to €2,203
million in the first quarter 2007 (at comparable rates and perimeter). Capgemini
performed well within its Consulting, Technology and Local Professional Services where
growth is at 10% and for which the book-to-bill ratio is 113% on average.
The article states the Ovum reaction as “Capgemini is delivering steady, if not
exciting growth from its business, and importantly in line with expectations.”
“Importantly for the wider IT services market, Capgemini’s results do not show
any evidence of an economic slowdown, at least not yet. We suspect these results
will some of its rivals something of a sigh of relief.”
To read the rest of the article at Ovum, click here.
To read the official press release, click here.
To visit our interactive website highlighting our 2007 Annual Results, click
here.
Publication
