In-Line Outlook for Capgemini; Balancing Headwinds With Higher-Growth Focus, Shares Near Fair Value
Capgemini reported an in-line third-quarter trading update, with the company seeing similar quarterly business trends to those in the first half of the fiscal year. As a result, management reiterated its full-year guidance, and our financial expectations remain unchanged. The company’s commentary about Brexit was notable, as the firm said it had not experienced any material effect from the decision within its U.K. and Ireland business segment. Capgemini’s Brexit commentary is in stark contrast t...Capgemini is a consulting and IT services provider. Co. works closely with technology partners at the cutting edge of innovation in major trends such as: Cloud, Big Data and mobility. Co. offers its clients skills in a variety of fields, such as digital transformation and digital customer experience, Cloud, Big Data, mobility, testing, cyber security, application management. In addition, Co. helps its clients enhance their performance and sharpen their competitive edge by offering them a range of skills grouped around four major businesses: Consulting Services through Capgemini Consulting, Technology Services (TS), Local Professional Services through Sogeti, and X Outsourcing Services (OS).
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