Capgemini Group reported consolidated revenues of Euros 2105 million for the third quarter 2010, which, compared to the corresponding quarter of 2009, shows growth of 8.2% on a reported basis and 2.5% on a like-for-like basis (constant Group structure and exchange rates).
Paul Hermelin, Chief Executive Officer, Capgemini Group, said, "As predicted, we have regained growth in the third quarter and some of our industries – such as Financial Services - have reported excellent results. We have pursued our recruitment policy to satisfy the demand of clients in the market's most buoyant segments. Finally, with the recent acquisition of CPM Braxis in Brazil, we have strengthened our positions in a rapidly-expanding market."
Based on an active recruitment policy, the Group welcomed 9,500 new employees in the third quarter 2010, bringing the total headcount to 100,856 as of September 30, 2010. To be added to this figure are the 5,700 employees of CPM Braxis - the local Brazilian IT services player which was acquired in early October. With 63,850 employees, the headcount in the Group's onshore countries rose slightly (+2.0%) compared to December 31, 2009. The offshore headcount represents 37% of the total headcount as of September 30, 2010.
In line with this sound performance, Capgemini has confirmed its objectives of achieving revenue growth of 3% to 5% (on a like-for-like basis) for the second half 2010 compared to the second half 2009 and a full-year operating margin rate over 6.5%.
