Report
Nicolas David

Capgemini : Growth set to remain weak in Q4 2024, prompting caution for 2025

>Growth at cc slightly below expectations, disappointment in the US - Capgemini yesterday reported Q3 2024 revenue down 1.6% at cc, 60bp below expectations. North America was the main negative surprise, with revenue down 3.9% y-o-y at cc (vs ODDO BHF: -3.0% y-o-y at cc), marking a slight deterioration from compared with Q2 (-3.7%), mainly due to a major slowdown in Manufacturing (c.15% to 20% of this region’s revenue), with a negative 1 point impact on the region’s gr...
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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