Report
Andrew Lange
EUR 100.00 For Business Accounts Only

Accenture Has a Wide Economic Moat Based on Customer Switching Costs and Intangible Assets

Accenture delivered robust second-quarter results, despite management uncertainty and sadness after well-respected former CEO, Pierre Nanterme, passed away having stepped down in December 2018 for health reasons. The company stressed that they did not hit the pause button, and it showed in the results. Accenture’s “new” businesses, covering digital, cloud, and security, continued to see double-digit growth and represented the majority of company revenue. Management is optimistic this will contin...
Underlying
Accenture Plc Class A

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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