EarningsThe 3Q24 results were lower than expected, with the main focus on lower 4Q24 exit rates and negative implications for FY25.
Market ConditionsCapgemini’s shares have been under pressure due to a negative macro newsflow and political uncertainties in France.
Revenue GuidanceCapgemini management lowered its FY24 growth guidance to -2.0% to -2.4% revenue growth, from previous guidance of -0.5% to -1.5%, indicating deteriorating business conditions.