The COVID-19 pandemic had a modest impact on the group’s activities in Q1 20. Organic revenue growth was +2%. This resulted from the ability of the group to implement remote working for 95% of its headcount worldwide in less than three weeks and a rather well-balanced revenue breakdown. Management believes that cost savings should enable an improvement in the operating margin by 100bp (12.3% of revenue in 2019) if the economic activity resumes gradually in Q3-Q4 20.
28 Apr 2020
Resilient topline, cost and cash discipline
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Resilient topline, cost and cash discipline
Capgemini SE (CAPG:WBO) | 0 0 (-0.5%) | Mkt Cap: 17,497m
- Published:
28 Apr 2020 -
Author:
Hélène Coumes -
Pages:
3
The COVID-19 pandemic had a modest impact on the group’s activities in Q1 20. Organic revenue growth was +2%. This resulted from the ability of the group to implement remote working for 95% of its headcount worldwide in less than three weeks and a rather well-balanced revenue breakdown. Management believes that cost savings should enable an improvement in the operating margin by 100bp (12.3% of revenue in 2019) if the economic activity resumes gradually in Q3-Q4 20.