Capgemini SE
OTC:CGEMY

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Capgemini SE
OTC:CGEMY
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Price: 33.04 USD -0.78% Market Closed
Market Cap: 28B USD

Capgemini SE
Investor Relations

Capgemini SE, a French multinational with deep-rooted ties in the information technology and consulting sector, has steadily morphed into a global powerhouse since its inception in 1967. Founded by Serge Kampf as an enterprise management and data processing company, Capgemini's evolution is a testament to its strategic adaptability and unwavering focus on innovation. The company operates mainly through a mosaic of services, aiding businesses in navigating complex digital landscapes. With operations spanning consulting, technology services, and digital transformation, Capgemini provides clients with tailored solutions designed to optimize their operations. From cloud services to cybersecurity, analytics, and artificial intelligence, Capgemini's portfolio positions it as a crucial player for organizations looking to future-proof their operations in our rapidly digitizing world.

At the heart of Capgemini’s business model is its commitment to understanding its clients’ unique challenges and translating technology into effective solutions. Revenue streams flow from its varied service lines, each tailored to specific sectors such as financial services, manufacturing, public services, and consumer goods. By aligning itself with leading technology partners and investing in local talent pools, Capgemini ensures close proximity to clients, fostering long-term relationships and repeat business. This approach not only fuels growth but also reinforces the firm’s reputation as a trusted partner in digital transformation. As businesses increasingly seek digital agility, Capgemini’s continued focus on innovation and strategic partnerships keeps it at the forefront of the consultancy and IT services sectors.

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Last Earnings Call
Fiscal Period
Q3 2024
Call Date
Oct 30, 2024
AI Summary
Q3 2024

Revenue: Q3 revenue was EUR 5,377 million, down 1.6% at constant exchange rates and down 2.1% organically, showing only marginal improvement after bottoming out in Q1.

Guidance Cut: Full-year constant currency growth outlook was lowered to minus 2% to minus 2.4%, reflecting further headwinds in Manufacturing and France.

Margin: Operating margin guidance was narrowed to 13.3%–13.4%, trimmed from the previous 13.3%–13.6%. The 14% margin target for next year is no longer seen as achievable.

Bookings & Pipeline: Q3 bookings were EUR 5,222 million, down 0.8% at constant currency, with a book-to-bill of 0.97. Gen AI bookings reached EUR 600 million for the first 9 months.

Sector Dynamics: Financial Services is recovering and expected to return to growth in Q4, while Manufacturing continues to deteriorate, posing a significant headwind.

Targeted Actions: Management is launching simplification and agility measures to better pursue growth, but not at the expense of margin discipline.

Free Cash Flow: Organic free cash flow guidance is unchanged at around EUR 1.9 billion for the year.

2025 Outlook: Management expects a return to organic growth in 2025, assuming current headwinds ease, but will provide more precise guidance at year-end.

Key Financials
Revenue
EUR 5,377 million
Bookings
EUR 5,222 million
Book-to-bill
0.97
Organic Free Cash Flow
around EUR 1.9 billion
Headcount
338,900 employees
Attrition
15.4% (12-month basis)
Gen AI Bookings
EUR 600 million (first 9 months)
Earnings Call Recording
Other Earnings Calls

Management

Ms. Nivedita Krishnamurthy Bhagat
Group CFO & Member of Executive Board
No Bio Available
Mr. Olivier Sevillia
Group COO & Executive Board Member
No Bio Available
Mr. Cyril Garcia
Head of Global Sustainability Services & Corporate Responsibility and Member of Group Exe. Board
No Bio Available
Mr. Michael Schulte
CEO of Northern Europe & Member of Executive Board
No Bio Available
Mr. Jean-Philippe Bol
Head of Operations Transformation & Industrialization & Member of the Executive Board
No Bio Available
Mr. Fernando Alvarez
Head of Strategy, Development & Alliances and Member of the Executive Board
No Bio Available
Mr. Anirban Bose
CEO of the Americas Strategic Business Unit & Member of the Group Executive Board
No Bio Available
Mr. Franck Greverie
Chief Portfolio Off., Cloud Infrastructure Ser., Insights & Data, Bus Ser and Member of Exec. Board
No Bio Available
Mr. Jerome Simeon
Head of Global Industries and Head of Ethics & Member of Group Executive Board
No Bio Available
Ms. Anne Lebel
Chief Human Resources Officer & Group Executive Board Member
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Paris
Place de l'Etoile - 11 rue de Tilsitt
Contacts
+33147545000.0
www.capgemini.com