Report
Nicolas David

Capgemini : FY results set to be unsurprising but start of 2024 likely to be mixed

>Q4/FY 2023 landing already clearly indicated by the company - At the Q3 sales release, Capgemini was relatively detailed regarding the end-of-year figures, indicating that Q4 growth should be between -1.5% and +0.5% cc (or between -2% and 0% org. vs +2% org in Q3), for FY 2023 growth at the lower end of the guidance range (4% to 7% cc). We understand that concerns around the furlough risk were justified although the worst-case scenario did not materialise, which lend...
Underlying
Capgemini SE

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).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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