Capgemini : Q1 organic growth in line. No real acceleration expected before H2
>Q1 organic growth in line overall with expectations - Yesterday after the close Capgemini reported Q1 2019 sales of €3,441m, up 6.7% at constant forex. Organic growth came to +5.0%, pretty close to forecasts (consensus: +5.2%; ODDO BHF estimate: +4.6%).As the company had mentioned at the full-year results, this quarter saw a slowdown in organic growth (vs +5.7% in Q4 2018) mostly due to the demanding comparison base in the US, partly offset by better underlying ...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).
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.
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