Organic revenue growth was solid in Q3 19 (+5% vs +4.9% in H1 19). The picture was positive in all geographic areas, including North America where revenue growth improved following a poor Q2 19. The disappointment came from the announcement of a slowdown by the end of the year and the downgrade of revenue growth to the low range of guidance (+5.5% at constant currency, c.+4.5% organically). Conversely, the target of an operating margin of 12.3-12.6% of revenue is unchanged.
25 Oct 2019
Strong Q3 19, slowdown by the end of the year
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong Q3 19, slowdown by the end of the year
Capgemini SE (CAPG:WBO) | 0 0 (-0.5%) | Mkt Cap: 17,497m
- Published:
25 Oct 2019 -
Author:
Hélène Coumes -
Pages:
3
Organic revenue growth was solid in Q3 19 (+5% vs +4.9% in H1 19). The picture was positive in all geographic areas, including North America where revenue growth improved following a poor Q2 19. The disappointment came from the announcement of a slowdown by the end of the year and the downgrade of revenue growth to the low range of guidance (+5.5% at constant currency, c.+4.5% organically). Conversely, the target of an operating margin of 12.3-12.6% of revenue is unchanged.