CGEMY Capgemini SE (PK)

39.67

0.63 (1.61%)

15 Aug 2024 - Closed

Delayed by 15 minutes

Name	Symbol	Market	Type
Capgemini SE (PK)	USOTC:CGEMY	OTCMarkets	Depository Receipt

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.63	1.61%	39.67	39.26	39.67	39.71	39.51	39.53	398,981	21:10:01

Capgemini CEO: '09 Organic Sales To Fall 5.5%, No View On '10

05/11/2009 8:06am

Dow Jones News

Capgemini (PK) (USOTC:CGEMY)
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French IT services group Capgemini SA (CAP.FR) expects a revenue decline of 5.5% on an organic basis, with a 9% drop in the second half of the year alone, Chief Executive Paul Hermelin said Thursday.

That appears to be a downgrade of the company's previous forecast for a full-year organic revenue decline of 3%-4%, on the basis of constant perimeter and exchange rates, with a second-half drop of 4%-6%.

Hermelin said it is too early to qualify or quantify the financial trend in 2010, though the company said earlier in the day that there are signs its business activity has been stabilizing, with some market segments turning upward.

Company Web site: www.capgemini.com

-By A.H. Mooradian, Dow Jones Newswires, +33 1 4017 1740; art.mooradian@dowjones.com.