Capgemini: quarterly sales down by more than 3%
The IT services group booked orders worth over 5.65 billion euros, down 3.5% at constant exchange rates. Its book-to-bill ratio thus stood at 1.02, exceeding its historical average for a first quarter.
For 2024, Capgemini confirms that it is targeting sales growth at constant exchange rates of between +0 and +3%, an operating margin of between 13.3 and 13.6%, and organic free cash flow generation of around 1.9 billion euros.
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