Capgemini delivers record growth of 17.7 per cent in Q1 2022
The Capgemini Group’s activity accelerated in Q1 2022, with a growth of 17.7 per cent at constant exchange rates. The growth has strengthened compared to the 12.5 per cent observed in Q4 2021 across all regions and sectors. As a result, organic growth reached 16.3 per cent, up 3.1 points in Q4 2021. Aiman Ezzat, Chief Executive Officer of the Capgemini Group, said: “Capgemini delivered an excellent start with a further growth acceleration versus the previous quarter. This is the fourth consecutive quarter with double-digit growth. It demonstrates the Group’s growth profile change and our ability to gain market share. We are taking advantage of the strong alignment of our capabilities and offerings portfolio with our clients’ structural demand for digital transformation. Our digital transformation capabilities and strong industry focus enable us to be positioned as our clients’ key partners for their most ambitious transformations. Our brand is strong, and we attract and develop the best talent in a very competitive market. As a result, we increased our global workforce by 16,000 in the last quarter to reach 340,000 employees worldwide.” Operations by region The United Kingdom and Ireland region (12 per cent of the Group revenues in Q1 2022) again enjoyed a particularly robust quarter with revenue growth of 21.3 per cent at constant exchange rates, driven primarily by the public sector and consumer goods. The North America (29 per cent of Group revenues) and the rest of Europe (30 per cent of Group revenues) regions grew at constant exchange rates of 16.8 per cent and 16.0 per cent, respectively. France (20 per cent of Group revenues) reported revenue growth of 11.1 per cent at constant exchange rates, with a robust momentum in the manufacturing and consumer goods sectors. Finally, revenues in the Asia-Pacific and Latin America region (9 per cent of Group revenues) increased sharply, by 42.6 per cent at constant exchange rates, as Group acquisitions in the region added to strong organic growth.
The Capgemini Group reported Q1 2022 revenues of EUR 5,167 million, up 21 per cent year-on-year at current exchange rates and 17.7 per cent at constant exchange rates.
The Capgemini Group's activity accelerated in Q1 2022, with a growth of 17.7 per cent at constant exchange rates.
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