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November 9, 2011

Capgemini Q3 revenues grew 13% to €2.38b

Revenues from technology services show greatest increase

By CBR Staff Writer

Capgemini has reported consolidated revenues of €2.38b for the third quarter of 2011, up 13% compared to €2.1b in the same quarter previous year.

Consulting services, technology services and local professional services continued to report sustained growth of 6.1% on average, with the greatest increase recorded by technology services at 7.2%.

The company’s outsourcing services posted an average rise of 2.7%, while BPO enjoyed remarkable growth of 20%.

France with a growth of 7.8% in the first-half of the year remained the company’s leading country, while UK and Ireland region, still affected by public sector spending cuts, reported more moderate growth 1.3%.

North America reported a growth of 5%, while the other regions reported average growth of 10.4% (12.4% for the Nordic countries), said the company.

The decline in revenues was only seen in Benelux region, which reported a decrease of 5.7%, reflecting the economic crisis which continues to affect the Netherlands.

Third quarter bookings totalled €2.21b with outsourcing services recorded a slight decrease, while consulting services, technology services and local professional services saw their bookings increase 6.4% on average.

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