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Capgemini keeps goals as Q3 sales rise

07
Nov
2013

By Dominique Vidalon PARIS (Reuters) – French technology consultancy Capgemini kept its full-year sales and profitability goals on Thursday as revenue returned to positive growth in the third-quarter amid improving demand in Europe, notably in its core French market. Capgemini reported a 1.6 percent rise in like-for-like sales to 2.45 billion euros ($3.32 billion), an improvement from a 0.4 percent decline in the second quarter. “This year, we have reported steady improvement in our performance, quarter after quarter, a trend that should continue in the fourth quarter,” Chief Executive Paul Hermelin said in a statement. Europe’s largest IT services group by market value said its outsourcing services returned to growth in the third quarter, while Asia and Latin America posted 14.6 percent growth, and North America, the second-largest contributor to revenue after France, grew 1.3 percent.

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