Report
Nicolas David

Capgemini : Growth guidance now includes a far more limited upturn in activity in H2...which also risks weighing on H1 2025

>H1 2024 results mixed due to Europe - Our main takeaways from Capgemini’s H1 2024 results are the following: i/ organic Q2 growth of -2.3%, largely below forecasts, penalised by the absence of a tangible recovery in Europe (-1.1% in Q1 2024 vs -1.8% in Q1 2024) while the recovery was far more visible in North America, with the sales decline limited to -3.7% in Q2 (vs -7.1% in Q1). This figure gives organic growth q-o-q at +1.4%, far below the traditional seasonality ...
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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