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you are here: HomeNewsBusiness
CAPGEMINI Q1 REVENUE RISES ON DATA AND CLOUD DEMAND
THE FIRM, WHICH OFFERS CONSULTING, DIGITAL, TECHNICAL AND ENGINEERING SERVICES,
REPORTED FIRST-QUARTER REVENUE OF 5.17 BILLION EUROS ($5.44 BILLION), UP 17.7
PERCENT YEAR-ON-YEAR AT CONSTANT EXCHANGE RATES.
Reuters
April 28, 2022 / 11:29 AM IST
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SOURCE: REUTERS
French IT consulting company Capgemini posted on Thursday an increase in
first-quarter revenue, citing growth in its cloud and data activities as it
takes advantage of clients' digital transformation.
The firm, which offers consulting, digital, technical and engineering services,
reported first-quarter revenue of 5.17 billion euros ($5.44 billion), up
17.7 percent year-on-year at constant exchange rates.
Bookings totalled 5.47 billion euros over January-March, up 26 percent at
constant exchange rates compared to the same period last year.
Benefiting from a shift to cloud-based computing, Capgemini reported earnings
that topped estimates for last year, though it warned that pressure for higher
salaries and the cost of workers returning to the office would weigh on profits
in 2022.
At the end of March, the Paris-based group's total headcount stood at 340,700
people, up 24 percent year-on-year.
Download your money calendar for 2022-23 here and keep your dates with your
moneybox, investments, taxes
Reuters
Tags: #Business #Capgemini
first published: Apr 28, 2022 11:23 am
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