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Capgemini posts weaker revenue growth in Q1 By Reuters

May 20, 2023
in Business
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Capgemini posts weaker revenue growth in Q1
© Reuters. The logo of Capgemini is seen at the company’s headquarters in Paris, France, August 3, 2021. REUTERS/Benoit Tessier

(Reuters) – French IT consulting group Capgemini on Thursday reported a weaker revenue growth in the first quarter of 2023 versus the same period of last year, citing a tense economic environment with clients adopting a “wait-and-see attitude”.

The company’s revenue reached 5.73 billion euros ($6.35 billion) over the period, 10.9% above the first three months in 2022.

($1 = 0.9024 euros)

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