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Capgemini Sees Revenue, Profits Grow Worldwide
July 26, 2012
By Michael Foster, Big4.com Blogger
Capgemini announced “solid” performance in the first half of 2012, with bookins up 7.6 per cent and revenue up over 8 per cent.
In total, the company announced that revenues had gone up to over 5.1 billion euros ($6.3 billion) for the first half of 2012. The company’s operating margin also climbed to 6.4%, up from 6.1% for the same era last year.
While citing “macro-economic uncertainties” that remain a concern both for Capgemini and its clients, the firm said that it was pleased with the results and cited the quality of the firm’s services as a reason for its growth.
Chairman and CEO Paul Hermelin said in a press release that the firm’s focus on premium services was a contributing factor to the success. “Despite a listless macro-economic context, we have enjoyed a solid first half-year; the quality of bookings, in particular, demonstrates that the strategy to refocus our portfolio on high value-added services is bearing fruit. In the second half of the year, the Group is more than ever mobilized to meet our clients’ needs, with innovative offerings focused essentially on cloud computing, mobility, Big Data and solutions,” he said in a statement.
The company also announced that it had tremendous growth in North America, which saw revenues grow by 19.7%. This was exceeded only by the Asia Pacific region, which saw growth of 19.8% and a 1.8% growth in the firm’s operating margin.
Despite continued problems in the firm’s home region, revenue in France grew by 7.4% while UK and Ireland revenues grew by 8.3%.
In total, the firm has 121,026 employees, and the number of hired staff grew by 6% in the last year. Most of those new hires were in India, where 37,000 are employed. That accounts for 38% of the firm’s headcount.