Capgemini Q3 revenue falls, with decline in North America

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Reuters

November 7, 20236:21 AM UTCUpdated ago

The Capgemini logo is seen at the company's office in Issy-les-Moulineaux near Paris

The Capgemini logo is seen at the company's office in Issy-les-Moulineaux near Paris, France, August 3, 2021. REUTERS/Benoit Tessier/File Photo Acquire Licensing Rights

Nov 7 (Reuters) - French IT consulting group Capgemini (CAPP.PA) on Tuesday posted a 1.3% fall in third quarter revenue at current exchange rates, citing a microeconomic context that "remains challenging" and with revenues declining in the North American region.

The Paris-based group's revenue was 5.48 billion euros ($5.87 billion) in the third quarter of 2023, compared to 5.55 billion a year earlier.

The firm maintains its outlook for the full year.

($1 = 0.9341 euros)

Reporting by Lina Golovnya and Stéphanie Hamel in Gdansk; Editing by Kim Coghill

Our Standards: The Thomson Reuters Trust Principles.

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