Accenture Q4 FY15 results: mixed read-across for European IT Services companies

Software and IT Services: Sector View
News published on September Friday 25, 2015
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Yesterday Accenture reported Q4 FY15 results above company guidance and consensus. Management is prudent for FY16 on revenue - which is expected to be driven by Digital-related services and market share gains -, but may prove to be conservative in our view. We believe this publication will generate no catalyst for Capgemini and Atos, as there is no indication that market conditions are improving dramatically in IT Services.

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