|
| | market conditions and
the good performance
achieved during the
first quarter, Capgemini
is upwardly revising its
revenue growth forecasts
which, at constant rates
and perimeter, should
exceed 8% over all of
2006. Capgemini had
previous forecast a
growth target of 6% to
7%.
The highest growth
rates were for local
professional services
(+13.0%) and technology
services (+10.1%),
followed by outsourcing,
which increased 8.8%, | |
|
| | and lastly by
consulting, which –
building on the positive
momentum begun during
the fourth quarter of
2005 – reported growth
of 8.0%.
Growth was especially
strong in Europe
(+13.3%). In North
America, revenues for
consulting, technology
and local professional
services grew by 5.6%
(at constant rates and
perimeter), but this
good performance was not
enough to compensate for
the cancellation of
several outsourcing | |
|
| | contracts decided within
the context of the
margin improvement
programme in this
business.
Bookings for the
first quarter amounted
to €2,990m, more than
twice the figure for the
same period last year
(€1,396m), and still up
25.1% compared to the
fourth quarter of 2005.
This growth resulted
from the signing of
large outsourcing
contracts with General
Motors in the US, and
with Her Majesty's
Revenue & Customs in the | |
|
| | UK, but also from
increased bookings in
consulting and
technology, particularly
in North America, where
they showed a 27.1%
increase compared to the
first quarter 2005.
During this first
quarter, the Group also
continued to develop its
worldwide distributed
delivery network, which
now includes more than
4,000 employees in India
and 1,000 in Poland.
| |
|
| | Capgemini has posted
revenue for the first
quarter of 2006 of
€1,869m ($2.37bn), up
9.8% from €1,708m for
the first quarter 2005,
and €1,808m for the
fourth quarter 2005.
Analysts had forecast
sales of €1,790m for the
quarter.
Citing favourable | |
|
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