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Capgemini group profit rises, lifts growth target
PARIS |
PARIS (Reuters) - Europe's largest computer consultancy, Capgemini (CAPP.PA), said on Thursday that first-half group profit rose 13 percent, bolstered by strong growth in its outsourcing services branch, and raised its full-year organic growth target.
First-half group profit rose to 143 million euros ($173.37 million) from 127 million in the year-ago period, the French company said in a statement.
Revenue was up 2.3 percent on a comparable basis to 5.15 billion euros.
Capgemini also said it was raising its forecast for full-year organic growth to about 1 percent from a previous forecast that full-year revenue would be flat.
The company confirmed its previous objective for an increase in operating margin for the full year "in line with the general consensus".
($1 = 0.8248 euros)
(Reporting by Christian Plumb; Editing by James Regan)
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