Report
Nicolas David

Capgemini : Reassurance and visibility on Q4 and H1 2021

>Q3 organic growth of -3.6%, better than expected - Yesterday evening before trading Capgemini reported Q3 organic growth of -3.6%, around 1 pt better than expected (ODDO BHF and css: -4.7%) and a sequential improvement on Q2 (-7.7% in organic terms). All geographic zones saw their momentum improve, in particular: i/ other Europe (+7% org. vs around 0% in Q2 by our estimates) which benefited from the ramp-up of the Bayern contract and a recovery in the manufacturing ...
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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