| | Accenture reported strong financial results for the first quarter of fiscal 2009, ended 30 November 2008, with net revenues of $6.02bn, an increase of 6% in US dollars and 9% in local currency over the same period last year. Diluted earnings per share were $0.74, an increase of 24%.
Net profit of for the quarter was up 17% from the same period a year ago, reaching $593m.
Operating income grew 12%, to $815m, and operating margin expanded 70 basis points, to 13.5%.
New bookings for the quarter were $5.80bn, with consulting bookings of $3.56bn and outsourcing bookings of $2.24bn.
William D. Green, | |
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| | Accenture’s chairman & CEO, said: “We’re very pleased with our strong first-quarter performance, especially given the macro-economic environment. Demand patterns are changing but remain very active and positive looking forward.”
Consulting net revenues for the quarter were $3.66bn, an increase of 6% in US dollars and 9% percent in local currency over the first quarter of fiscal 2008. Outsourcing net revenues were $2.36bn, an increase of 7% in US dollars and 9% in local currency over the first quarter of fiscal 2008.
Accenture said it expects new bookings of $24bn-27bn for the entire year, down from the previous $26bn-29bn. | |
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Communications & high tech: $1,364m, compared with $1,312m for the first quarter of fiscal 2008, an increase of 4% in US dollars and 6% in local currency.
Financial services: $1,238m, compared with $1,244m for the same period last year, flat in US dollars and an increase of 2% in local currency.
Products: $1,567m, compared with $1,473m for the year-ago period, an increase of 6% in US dollars and 9% in local currency.
Public service: $761m, compared with $709m for the year-ago period, an increase of 7% in US dollars and 11% in local currency.
Resources: $1,079m, | |
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| | compared with $931m for the same period of fiscal 2008, an increase of 16% in US dollars and 20% in local currency.
Net revenues by geographic region
Americas: $2,576m, compared with $2,325m for the first quarter of fiscal 2008, an increase of 11% in US dollars and 12% in local currency.
Europe, Middle East and Africa (EMEA): $2,873m, compared with $2,883m for the first quarter of fiscal 2008, flat in US dollars and an increase of 4% in local currency.
Asia Pacific: $570m, compared with $465m for the year-ago period, an increase of 22% in US dollars and 25% in local currency. | |
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