Capgemini posts 2024 sales slightly above estimates

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February 18, 2025 1:16 AM EST

FILE PHOTO: A Capgemini logo is seen at the company's office in Nantes, France, February 13, 2024. REUTERS/Stephane Mahe/File Photo

(Reuters) - French IT consulting group Capgemini on Tuesday reported a 2% decline in its full-year sales in constant currency terms, slightly ahead of market expectations.

Annual revenue fell to 22.10 billion euros ($23.11 billion) but beat a Visible Alpha consensus of 22.07 billion euros cited by Jefferies, aided by improvement in its Financial Services and Consumer Goods & Retail businesses, along with a robust Public Sector performance.

The board proposed a dividend of 3.40 euros per share to be paid for 2024, unchanged from a year earlier.

($1 = 0.9565 euros)

(Reporting by Leo Marchandon and Mara Vîlcu in Gdansk; Editing by Milla Nissi)


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