Tuesday 28 April 2020

*UKHotViewsExtra* Capgemini stays healthy despite COVID-19

LogoCapgemini weathered the initial impacts of the coronavirus pandemic to deliver Q120 turnover in line with expectations. Revenue for the three months ended 31st March 2020 increased by 2.3% yoy on a constant currency basis to €3.55b. Underlying organic growth the first quarter of this year was 2%. The comparative number for France-HQ’d rival Sopra Steria was 3.3% (see here), while Atos saw its Q1 organic top line shrink by 0.8% (see here).

Hosting his 103rd and final results webcast, outgoing CEO, Paul Hermelin cited the group’s early mobilisation in February ahead of many of the COVID-19 driven lockdowns as having played an important part in sustaining the health of the company through the latter part of Q120. 95% of Capgemini’s worldwide employees are now working from home.

If you are a TechMarketView subscriber (including UKHotViews Premium), you can read the full analysis, in UKHotViews Extra: Capgemini stays healthy despite COVID-19. If you are not yet a subscriber, please contact Deb Seth to find out how to gain access.

Posted by Duncan Aitchison at '10:29' - Tagged: results   systemsintegration