Capgemini had a rather good H1 20 given the significant decrease in organic revenue in Q2 20 (-7.7%) due to the lockdown. In H1 20, organic revenue decreased by 3.4% and the decline of the operating margin (-0.6pt to 10.8% of revenue) was limited thanks to lower selling expenses (mainly travel costs) and the control of G&A costs. The order intake was satisfactory in H1 20. 2020 guidance is globally a positive sign of the group’s adaptation.
03 Sep 2020
Good H1 20, reassuring guidance for 2020
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Good H1 20, reassuring guidance for 2020
Capgemini SE (CAPG:WBO) | 0 0 (-0.5%) | Mkt Cap: 17,497m
- Published:
03 Sep 2020 -
Author:
Hélène Coumes -
Pages:
3
Capgemini had a rather good H1 20 given the significant decrease in organic revenue in Q2 20 (-7.7%) due to the lockdown. In H1 20, organic revenue decreased by 3.4% and the decline of the operating margin (-0.6pt to 10.8% of revenue) was limited thanks to lower selling expenses (mainly travel costs) and the control of G&A costs. The order intake was satisfactory in H1 20. 2020 guidance is globally a positive sign of the group’s adaptation.