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Technology / AI and automation

CAP GEMINI LOOKS FOR NET PROFITS FOR 1988 AT OVER $50M MARK

Cap Gemini Sogeti SA president Serge Kampf told the annual meeting on Friday that the computer services giant with a big finger in the Semacap Plc pie is looking for net profits for 1988 at well over the $50m mark, on the basis of a turnover for the first four months of the year of $236m – excluding a $65m contribution from Sesa SA – and profitablity up a record 6.7% over 1977: 31% of Cap Gemini’s four month turnover figure comes from France, with the rest of Europe, the US, and Sesa contributing 36%, 19% and 14% respectively; Kampf did not rule out the possibility of a full scale collaboration with the Semacap, but any such link-up could come in six months or 60 years.

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CBR Staff Writer

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