As expected, Capgemini ended the year 2019 on a low note. Organic revenue growth slowed strongly in Q4 19 (+2.2% vs +4.9% in 9 months 19) and organic growth was slightly below the low range of guidance in FY2019 (+4.2% vs +4.5%). Growth was fuelled by digital & cloud while the rest of the business decreased at a higher pace yoy. The positive mix related to digital & cloud contributed to support the operating margin (+0.2pt to 12.3% of revenue).
13 Feb 2020
Slowdown in organic growth
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Slowdown in organic growth
Capgemini SE (CAPG:WBO) | 0 0 (-0.5%) | Mkt Cap: 17,497m
- Published:
13 Feb 2020 -
Author:
Hélène Coumes -
Pages:
3
As expected, Capgemini ended the year 2019 on a low note. Organic revenue growth slowed strongly in Q4 19 (+2.2% vs +4.9% in 9 months 19) and organic growth was slightly below the low range of guidance in FY2019 (+4.2% vs +4.5%). Growth was fuelled by digital & cloud while the rest of the business decreased at a higher pace yoy. The positive mix related to digital & cloud contributed to support the operating margin (+0.2pt to 12.3% of revenue).