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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.23 | 0.55% | 42.05 | 36.84 | 42.09 | 42.09 | 41.63 | 41.75 | 526,824 | 21:46:41 |
Computer services company Capgemini (CAP.FR) expects like-for-like revenue to decline about 2% in 2009, Chief Executive Paul Hermelin said Thursday.
"After posting like-for-like growth down 0.3% in the first quarter, we should see a decline of about 3% to 4% in the second quarter, mainly due to negative calendar effects," Hermelin said.
The second quarter should experience a similar trend to the first-quarter, where the group expects revenue to decline 2%, Hermelin added.
Hermelin said visibility on the last quarter of the year, which is a very important one for the company, remains low.
The group has also started a second wave of restructuring in the first quarter as market conditions have deteriorated.
Company Web site: www.capgemini.com
-By Ruth Bender, Dow Jones Newswires; +33 1 40 17 17 40; ruth.bender@dowjones.com
1 Year Capgemini (PK) Chart |
1 Month Capgemini (PK) Chart |
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