Capgemini : Solid organic growth in Q3. Slowdown in Q4 as expected
>Q3 growth of +6.3% slightly ahead of expectations - After the close yesterday, Capgemini reported Q3 revenues of € 3,228m, up 8.7% at constant currencies. Organic growth came to +6.3%, in line with our estimates (+6.4%) but slightly above the consensus (+5.8%). As the company announced in July, this performance marks a slowdown in organic growth (vs +7.2% in Q2) due to demanding base effects in the US (impact that we estimate at -240bp), partly offset by the end of t...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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