Capgemini : Year-end a little less dynamic than expected
>Q4 organic growth of +2.2% (vs +3.4% est.) because of US and UK - Capgemini’s organic growth came to +2.2% in Q4 2019, lower than forecast (ODDO BHF and consensus: +3.4%) and the indications provided by management when publishing the Q3 figures (+3-4%). We understand that the gap mainly stems from the US (-2% organic vs Oddo BHF: +1.5% organic) where the banking sector proved even more challenging than expected. Capgemini's management alluded to internal problems (no...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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