Cap Gemini 1st Quarter Sales EUR1.87 Billion

Down 15.3% French IT-consulting giant Cap Gemini SA said Thursday that its first quarter revenue fell 15.3% on the year to EUR1.87 billion. The result was slightly lower than the 14% decline analysts had forecast. Cap Gemini had forecast that first quarter revenue would be down more than 10% on the year as the company continues to be hit by reduced spending on IT by clients. First quarter revenue was down 6.5% compared with the fourth quarter of 2001. In its statement Cap Gemini said activity is expected to stabilize in the short term with second-quarter revenue forecast to be unchanged from the first quarter.

2002年 9月17日
参照ConsultingWire

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