Capgemini Q3 Results

13 November 2008

The Capgemini Group has published consolidated revenues for the third quarter of 2008 of €2,098 million:

ï‚Ÿ At constant rates and perimeter, this figure shows sustained growth of 6.1% on that of the third quarter 2007.

 At current rates and perimeter, the comparison with revenues published for the third quarter of 2007 (€2,088 million) is again skewed by the depreciation of the dollar against the euro and the even stronger depreciation of the pound sterling.

This organic growth can be broken down as follows:

ï‚Ÿ By discipline, Consulting and Technology Services have recorded moderate growth (+1.6% and +3.0% respectively), while Outsourcing Services has seen a sustained progression of 8.6% and Local Professional Services has shown the best performance with +10.0%.

ï‚Ÿ By region, revenue figures for North America are up by 1.1%. In Europe, all geographies recorded revenue growth: up 14.2% for Benelux, 6.3% in France and 4.3% in the United Kingdom.

Bookings recorded for the third quarter of 2008 came to €1,991 million, compared to €1,926 million for the third quarter of 2007, notably growing at a rate of 6.6% in the Consulting, Technology and Local Professional Services disciplines. For these activities, the book-to-bill ratio is similar to that of the third quarter of 2007.

With this level of sustained activity, and despite hardening market conditions, Capgemini can confirm its objectives for full-year 2008 of like-for-like revenue growth of between 4 and 5% and an operating margin of 8.5%.

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