Capgemini declares 2011 Financial Results
The Board of Directors of Cap Gemini S.A., chaired by Serge Kampf, was convened in Paris on February 15, 2012 to review and authorize for issuing the accounts of Capgemini Group for the year ended December 31, 2011.
The Group reports total 2011 revenues of €9,693 million, up 11.4% on published revenues (i.e. at current Group structure and exchange rates), representing growth of some two points above the objective set at the beginning of the year. On a like-for-like basis (i.e. at constant Group structure and exchange rates), revenues rose by 5.6%, with the difference between these two rates primarily due to the consolidation of CPM Braxis (Brazil) and Prosodie (France), acquired in October 2010 and July 2011, respectively.
Bookings during the year totalled €9,903 million, down on the last year (-8.4% like-for-like) during which a large number of Outsourcing Services contracts were renewed. Conversely, Technology Services, Local Professional Services and Consulting Services reported 6.2% growth in bookings and a book-to-bill ratio of 1.12, confirming the dynamism of these markets.
The operating margin is up in each of the Group's four businesses and totals €713 million, or 7.4% of 2011 consolidated revenues, compared to 6.8% in 2010. In line with the objective set by the Group, the operating margin rate for the second-half of 2011 increased one point on the second-half of 2010 to 8.6%. The operating profit increased by 21.7% to €595 million.
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