Capgemini posts stable first-quarter 2009 revenues

The Capgemini Group posted consolidated revenues for first quarter 2009 of €2,205 million, up 0.9% compared with the same year-ago period and down 0.3% like-for-like (constant Group structure and exchange rates).

 

Compared with the first quarter of 2008, the Group's revenues reflect the following like-for-like changes:

 

Ø  By discipline: Outsourcing Services advanced 1.1% and Technology Services edged up 0.4%; Sogeti declined 0.7% while Consulting Services retreated 9.8%.

 

Ø  By region: the United Kingdom & Ireland put in a strong performance (up 7.0%), while revenues in France and Benelux shed 0.8% and 0.6%, respectively. Revenues recorded in North America were 6.9% lower than in the first quarter of 2008.

 

Bookings in first-quarter 2009 (excluding recent acquisition BAS BV) came in at €2,221 million versus €2,172 million in the prior-year period (at comparable exchange rates and Group structure), and were boosted by a near-40% leap for Outsourcing Services.

 

Source: Capgemini