Capgemini Reports€5.5 Billion in Revenue for Q1 2024 in Accordance with Forecasts

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Capgemini Reports€5.5 Billion in Revenue for Q1 2024 in Accordance with Forecasts - GlobeNewswire

Quick Summary:

Reconciliation of growth ratesQ1 2024Organic growth -3.6%Changes in Group scope+0.3 ptsGrowth at constant exchange rates-3.3%Exchange rate fluctuations-0.2 ptsReported growth-3.5% When determining activity trends by business and in accordance with internal operating performance measures, growth at constant exchange rates is calculated based on total revenues, i.e., before elimination of inter-business billing.

It is calculated before "Other operating income and expense” which include amortization of intangible assets recognized in business combinations, expenses relative to share-based compensation (including social security contributions and employer contributions) and employee share ownership plan, and non-recurring revenues and expenses, notably impairment of goodwill, negative goodwill, capital gains or losses on disposals of consolidated companies or businesses, restructuring costs incurred under a detailed formal plan approved by the Group’s management, the cost of acquiring and integrating companies acquired by the Group, including earn-outs comprising conditions of presence, and the effects of curtailments, settlements and transfers of defined benefit pension plans.

Media relations:Victoire GruxTel.: +33 6 04 52 16 55victoire.grux@capgemini.com Investor relations:Vincent BiraudTel.: +33 1 47 54 50 87vincent.biraud@capgemini.com Capgemini records Q1 2024 revenues of €5.5 billionin line with expectations Revenues of €5,527 million, -3.5% at current exchange rates and -3.3% at constant exchange ratesBookings of €5,655 million representing a solid book-to-bill ratio of 1.02 Paris, April 30, 2024 – The Capgemini Group reported Q1 2024 revenues of €5,527 million, -3.5% year-on-year at current exchange rates and -3.3% at constant exchange rates*.