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  • 07 Nov 2023

Revenue slowdown, high range of operating margin expected in 2023


Capgemini (CAP:EPA), 0 | Capgemini SE (CAP:PAR), 0

  • AlphaValue
    • Hélène Coumes

    • 3 pages


 

As expected, the Q3 23 showed a further growth slowdown. Organic revenue was up by +2%. North America was still the weakest geographic area with lower revenue at constant currency (-4%) due to customer investments reduced in the TMT sector and financial services. Inversely, the Europe and the rest of world regions saw growth. In Q4 23, revenue should be in the range -1.5%/+0.5% at constant currency. Regarding the operating margin, the high-end of the guidance (13.2% of revenue) is now expected.

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Revenue slowdown, high range of operating margin expected in 2023


Capgemini (CAP:EPA), 0 | Capgemini SE (CAP:PAR), 0

  • Published: 07 Nov 2023
  • Author: Hélène Coumes
  • Pages: 3
  • AlphaValue


As expected, the Q3 23 showed a further growth slowdown. Organic revenue was up by +2%. North America was still the weakest geographic area with lower revenue at constant currency (-4%) due to customer investments reduced in the TMT sector and financial services. Inversely, the Europe and the rest of world regions saw growth. In Q4 23, revenue should be in the range -1.5%/+0.5% at constant currency. Regarding the operating margin, the high-end of the guidance (13.2% of revenue) is now expected.

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