Report
Nicolas David

Capgemini : Q2 2023 preview: the slowdown is intensifying but remains under control

>We expect 5.6% organic growth in Q2 - Following a company contact, we understand that the slowdown mentioned at the Q1 publication in early May has materialised, particularly in the Banking & Finance sector (22% of sales). This is in addition to the weakness already observed in recent months on two smaller sectors, Tech and Retail (>10% for both). There is also a negative calendar effect in mainland Europe. Usually somewhat unaffected by this kind of shift due to the...
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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