Capgemini Surpasses Market Expectations with Modest Sales Decline
Paris, France – February 15, 2023 – Capgemini, a leading IT consulting firm, announced today a 2% year-over-year decline in its full-year sales at constant currency rates. This figure slightly exceeded market expectations.
Despite the decline, Capgemini's annual revenue reached €22.10 billion ($23.11 billion), surpassing the Visible Alpha consensus of €22.07 billion cited by Jefferies. The company attributed this performance to improvements in its Financial Services and Consumer Goods & Retail businesses, as well as a strong showing in the Public Sector.
Capgemini's board of directors has proposed a dividend of €3.40 per share for 2024, unchanged from the previous year.
This news underscores Capgemini's continued resilience and commitment to delivering innovative solutions to its global clients.