Capgemini : Q2 organic growth and H2 outlook slightly below forecasts
>Q2 organic growth of 4.7%, a shade below forecasts - Capgemini reported H1/Q2 2023 results on Friday before market open. Organic growth came to 4.7% in Q2, 50bp below forecasts (ODDO BHF: 5.6%; Css: 5.2%). This figure implies zero quarter-on-quarter organic growth vs average growth of c.3% over the past 12 years in Q2 (except in 2020). Most regions reported a slowdown in their growth, particularly North America, whose growth was flat year-on-year at constant forex, b...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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