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Lina Golovnya - 3 Aiman Ezzat - 2 Stéphanie - 2 Benoit Tessier - 1 chatbot - 1 Capgemini - 1 Kim Coghill - 1 Jason Neely - 1
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7 mentions found


☆ Capgemini Q3 revenue falls after decline in North America
  + stars: | 2023-11-07 | by ( ) www.reuters.com   time to read: +1 min
The Capgemini logo is seen at the company's office in Issy-les-Moulineaux near Paris, France, August 3, 2021. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsNov 7 (Reuters) - French IT consulting group Capgemini (CAPP.PA) on Tuesday posted a 1.3% fall in third-quarter revenue at current exchange rates, including 4% fall in North America, its second-biggest market. The firm said its investment of 2 billion euros in AI was progressing "as planned" with the aim of doubling the workforce involved to 60,000 people over the three years. The Paris-based group's revenue was 5.48 billion euros ($5.87 billion) in the third quarter, down from 5.55 billion a year earlier, while its bookings rose 1% to 5.28 billion euros. ($1 = 0.9341 euros)Reporting by Lina Golovnya and Stéphanie Hamel in Gdansk; editing by Kim Coghill and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons: Benoit Tessier, Aiman Ezzat, chatbot, Capgemini, Lina Golovnya, Stéphanie, Kim Coghill, Jason Neely Organizations: REUTERS, French IT, Alstom, Thomson Locations: Issy, Paris, France, French, North America, United States, Europe, Gdansk
☆ French payment company Worldline slump nearly 40% as it cuts targets
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +1 min
Oct 25 (Reuters) - Shares in Worldline (WLN.PA) slumped nearly 40% on Wednesday after the French payment company cut its full-year targets as the economic slowdown hurt its business in key markets including Germany. The group also said it had cut ties with some of its merchants to reduce risks "in light of an increase in cybercrime." The group now sees organic sales growth in 2023 of between 6% and 7%, compared with 8% to 10% previously. It also forecast a 150 basis point drop in its operating margin before depreciation and amortization for 2023, compared with a previous forecast of a 100 bps increase. "Worldline missed sales estimates in every division...These results are a disappointment in terms of the full-year miss and also that long-term targets have been discarded," JPMorgan analysts said.
Persons: Worldline, Lina Golovnya, Silvia Aloisi Organizations: JPMorgan, Thomson Locations: Germany
☆ Capgemini to invest 2 bln euros in AI after higher half-year sales
  + stars: | 2023-07-28 | by ( ) www.reuters.com   time to read: +1 min
July 28 (Reuters) - French IT consulting group Capgemini (CAPP.PA) on Friday posted higher half-year revenue, driven by its cloud, data and artificial intelligence (AI) activities, and said it would invest 2 billion euros ($2.19 billion) in AI over three years. The Paris-based company tries to help businesses to adopt AI technology through partnerships with Microsoft and Google Cloud. "We continue to gain market share as we accompany our clients in their transition towards a digital and sustainable economy ... I am convinced that generative AI will play a major role in this transition," CEO Aiman Ezzat said in a statement. Capgemini, which offers consulting, digital, technical and engineering services, reported revenue of 11.43 billion euros in the first half of 2023, compared to 10.69 billion a year earlier.
Persons: Aiman Ezzat, ChatGPT chatbot, Lina Golovnya, Stéphanie, Milla Nissi Organizations: French IT, Microsoft, Google, Thomson Locations: French, Paris, Gdansk
☆ SES's first-quarter results beat expectations as it progresses on projects
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: +1 min
May 4 (Reuters) - Satellite firm SES (SESFg.LU) on Thursday reported first-quarter earnings above market expectations, and said it is on track to deliver on its full-year outlook. It also confirmed its schedule for both the O3b mPOWER and U.S. C-band projects. One of the world's biggest commercial satellite operators, the Luxembourg-based company said first-quarter adjusted core earnings (EBITDA) fell 3.2% year-on-year to 265 million euros ($293.57 million), but that still above 255 million euros seen in a company-compiled consensus. "Solid EBITDA performance underscores our continued focus on execution across the business," Chief Executive Steve Collar said in the earnings statement. SES' quarterly revenue grew 9.6% to 490 million euros, slightly above the 484 million euros expected by analysts, driven by contribution from its DRS GES acquisition.
☆ Technip Energies' annual revenue, 2023 guidance hit by Russia exit
  + stars: | 2023-03-02 | by ( Dina Kartit Lina Golovnya | Dina Kartit | Lina Golovnya | ) www.reuters.com   time to read: +2 min
March 2 (Reuters) - French oil and gas services provider Technip Energies (TE.PA) announced on Thursday lower annual revenue and guidance for 2023, citing the impact of its exit from a major LNG project in Russia. By the end of Dec. 2021, the Russian projects accounted for 23% of Technip Energies' order backlog. Annual adjusted revenue came in at 6.4 billion euros ($6.82 billion), down 4% from 2021 and below a company-provided consensus of 6.5 billion on average. The group's Project Delivery segment had annual adjusted revenue down 6% year-on-year, to 5 billion euros, but adjusted revenue for the Technology, Product and Service (TPS) branch was up 8% from 2021, to 1.4 billion euros. In 2023, Technip Energies said it expected adjusted revenue of 5.7-6.2 billion euros and a recurring core margin of 6.7%–7.2% — both below 2022 guidance of 6.2-6.5 billion euros and 6.7%-6.9%.
☆ France's Capgemini sees weaker revenue growth as demand slows
  + stars: | 2023-02-21 | by ( ) www.reuters.com   time to read: +1 min
Feb 21 (Reuters) - French IT consulting group Capgemini (CAPP.PA) on Tuesday forecast weaker 2023 revenue growth due to slowing demand for its cloud, data and artificial intelligence services in the uncertain macroeconomic environment. The group's revenue reached 22 billion euros ($23.48 billion) last year, while its bookings totalled 23.7 billion euros, an increase of 16.8% at constant exchange rates. The results come at a time when slowing growth, soaring inflation and a looming recession have pushed IT companies including U.S. giants Alphabet (GOOGL.O), Microsoft (MSFT.O) and Amazon (AMZN.O) to slash jobs. The Paris-based company also forecast 2023 operating margin in a range of 13.0% to 13.2%, and organic free cash flow of around 1.8 billion euros. ($1 = 0.9371 euros)Reporting by Lina Golovnya in Gdansk; Editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.
☆ France's Capgemini sees weaker revenue growth in 2023
  + stars: | 2023-02-21 | by ( ) www.reuters.com   time to read: 1 min
Feb 21 (Reuters) - French IT consulting group Capgemini (CAPP.PA) on Tuesday forecast slower revenue growth for 2023 on slowing demand for its cloud, data and artificial intelligence services. The company, which provides services to industries ranging from telecoms to aerospace, expects its revenue to grow between 4% and 7% in constant currency this year, compared with 16.6% growth it reported for 2022. Reporting by Lina Golovnya in Gdansk; Editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.
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