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Capgemini 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.
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Posted by: Duncan Aitchison at 10:29
Tags: results systemsintegration
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