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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 |
From Jul 2019 to Jul 2024
Computer services company Capgemini (CAP.FR) is ready to carry out more restructuring measures if the situation in its markets worsens further, Chief Executive Paul Hermelin said Thursday.
Capgemini has already budgeted for a EUR140 million envelope of restructuring, giving EUR67 million in savings as of 2009, but has another layer of actions "ready to be activated in case of further deterioration," Hermelin said on a conference call.
Chief Financial Officer Nicolas Dufourcq said the second wave of restructuring would be worth around EUR75 million and "would be heavily weighted towards people."
The measures would take longer to have an effect than the previous wave of restructuring and could "generate something like" EUR25 million in savings in 2009, Dufourcq said.
The company also has further cost-cutting actions it can carry out in terms of bonuses, salaries and support functions, he added.
-By Jethro Mullen, Dow Jones Newswires; 33 1 4017 1738; jethro.mullen@dowjones.com
1 Year Capgemini (PK) Chart |
1 Month Capgemini (PK) Chart |
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