Report
Nicolas David

Capgemini : Impressive Q1 2020 performance but visibility too limited for Q2

>Impressive performance in Q1 - Capgemini yesterday reported organic sales growth of +2.0% for Q1 2020. This performance is impressive on several counts: although the COVID-19 crisis affected many of its key countries in March, Capgemini managed to report organic growth in line with that of Q4 2019 (+2.2%), consistent with the soft guidance provided in February, even before COVID-19 spread in Europe, and therefore well above expectations (consensus: +1%; ODDO BHF: +0...
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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