PARIS (dpa-AFX) - Capgemini SE (CGEMY.PK, CAPP), on Wednesday, reported
solid results in 2023 despite the weak economic environment, with results
exceeding or in line with its financial targets for the year.

FY23 revenues were EUR 22.5 billion, 2.4% higher than the previous year's EUR
21.9 billion. Constant currency growth was up 4.4%, within the 2023 target range
of +4% - +7%.

Net profit was EUR 1.663 billion in 2023 versus EUR 1.547 billion in the year
2022. On a per share basis, normalized earnings rose to EUR 12.44 from EUR 11.52
last year.

Bookings totaled EUR 23,887 million in 2023, a year-on-year increase of +2.6% at
constant exchange rates, representing a book-to-bill ratio of 1.06 for the year,
and 1.18 in Q4.

As on December 31, 2023, the Group had cash, cash equivalents, and cash
management assets of EUR 3.7 billion. After accounting for borrowings of EUR 5.7
billion and derivative instruments, Group net debt is EUR 2.0 billion, down
compared with EUR 2.6 billion at December 31, 2022.

For FY24, the company projects revenue growth of 0% to +3% at constant currency;
an operating margin of 13.3% to 13.6%; and an organic free cash flow of around
EUR 1.9 billion.



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