Capgemini: Q3 13 sales slightly below ests. due to fx, FY13 guidance reiterated

BUY, Fair Value EUR54 (+17%)

News published on November Thursday 7, 2013
Share on

This morning Capgemini reported Q3 13 sales 2% below our ests. and the consensus average, due to fx headwinds - especially on BRL in Brazil and AUD in Australia. Management reiterated FY13 guidance (lfl revenue growth of c. 1% and an operating margin of at least 8.4%). We expect the share price to react pretty positively on the back of this release.

Full report available to subscribers
Please contact   

The Essentials

Everything you need to know about investment banking dedicated to growth
Stay Informed
Get our news
Join our Team
Bryan, Garnier & Co is always looking for talent in all our divisions, at all levels
Explore our opportunities