Earnings release
Page 1
Capgemini Media relations : Florence Lièvre Tel .: 01 47 54 50 71 florence.lievre@capgemini.com Investor relations : Vincent Biraud Tel .: 01 47 54 50 87 vincent.biraud@capgemini.com Growth momentum stronger than anticipated in Q1 2021 Paris , April 29 , 2021 - Capgemini Group reported Q1 2021 revenues of € 4,271 million , up 24.2 % year - on - year at constant exchange rates * . Aiman Ezzat , Chief Executive Officer of the Capgemini Group , commented : " We delivered an excellent performance in the first quarter of 2021 , with a return to organic growth . Growth was stronger than anticipated and activity even surpassed pre - health crisis levels , reflecting not only a more dynamic market but also the accelerated deployment of our strategy . Performance improved across all our geographies and sectors . We are strongly positioned in cloud and data , the main drivers of technology and business transformation in the years to come , which fueled this performance . The first quarter was also marked by a return to large - scale recruitment to meet client demand . In this context , our growth for 2021 should exceed the mid - point of the targeted range . We recently unveiled the Capgemini Engineering brand which brings together a unique set of cutting - edge capabilities in Engineering and R & D . This perfectly complements the Group's already well - established portfolio of business offerings and supports our leadership position in Intelligent Industry . Finally , we were recently named one of the world's most ethical companies for the ninth year in a row . This is a very meaningful distinction for me because our Group is founded on values that enable us to forge long - lasting relationships with all stakeholders in our ecosystem and pave the way for a sustainable future . I would also like to reaffirm that our priority remains the health and well - being of our teams . Currently we are closely monitoring the health situation in India and Brazil and continue to provide support to all our employees . " Q1 Revenues ( in millions of euros ) Change 2020 2021 Reported At constant exchange rates * 3,547 4,271 + 20.4 % + 24.2 % Group momentum continued to improve in Q1 2021 , with annual growth rates higher than in Q4 2020. With a return to growth at constant scope and exchange rates in Q1 , at + 1.7 % , Group revenues are already up on pre- crisis levels . Group revenues rose by + 20.4 % at current exchange rates and + 24.2 % at constant exchange rates * , with the consolidation of Altran Technologies ( " Altran " ) effective April 1st , 2020. This momentum also reflects the double- digit growth achieved in Digital and Cloud activities . The terms and Alternative Performance Measures marked with an ( * ) are defined and / or reconciled in the appendix to this press release . Capgemini Press Release