Capgemini Se · EURONEXT:CAP
Capgemini — Capgemini Se Ord — Q1 2024 Earnings Presentation
21 slides from Capgemini's earnings presentation, Apr 30, 2024
Slide 1: Q1 2024 Revenues
Q1 2024 Revenues April 30, 2024
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements. Such statements may include projections, estimates, assumptions, statements regarding plans, objectives, intentions and/or expectations with respect to future financial results, events, operations and services and product developme
Slide 3: Aiman Ezzat, Chief Executive Officer
Aiman EZZAT Chief Executive Officer
Slide 4: Q1 performance in line with expectations
Q1 performance in line with expectations Q1 REVENUES Q1 BOOKINGS -3.3% -3.5% € 5,527M 1.02 book-to-bill Q1 2024 Revenues | April 30, 2024 Constant Currency Growth © Capgemini 2024. All rights reserved | 4
Slide 5: Set for acceleration after Q1 growth trough
Set for acceleration after Q1 growth trough BUSINESSES SECTORS UK & Ireland -3.2% Strategy & North America Transformation Utilities -7.1% +1.6% +2.5% France -2.8% Rest of Europe Operations & Engineering Public Sector -0.5% Asia Pacific -3.0% +2.4% & Latin America -1.7% Applications & Manufacturing T
Slide 6: Generating value for our clients
Generating value for our clients DATA & AI CLOUD GLOBAL US EUROPEAN ITALIAN GLOBAL GLOBAL INTELLIGENT AUTOMOTIVE MANUFACTURING MOBILITY UTILITY ENERGY TELCO PROVIDER INDUSTRY Software-Factory for IoT technology for Traffic management Digital twin for Intelligent Cloud Software-driven vehicle smart m
Slide 7: Sustained investments in growth areas
Sustained investments in growth areas INTELLIGENT INDUSTRY CUSTOMER FIRST SUSTAINABILITY ____ ____ ____ CLOUD AI & GENERATIVE AI DIGITAL CORE ____ ____ ____ Q1 2024 Revenues | April 30, 2024 © Capgemini 2024. All rights reserved | 7
Slide 8: 2024 Outlook
2024 Outlook REVENUE GROWTH OPERATING MARGIN ORGANIC FCF +0% 13.3% around to +3% to 13.6% € 1.9 bn at constant exchange rates Inorganic contribution marginal at the lower end of the target range and up to 1 point at the upper end Q1 2024 Revenues | April 30, 2024 © Capgemini 2024. All rights reserve
Slide 9: Nive Bhagat, Chief Financial Officer
Nive BHAGAT Chief Financial Officer
Slide 10: Quarterly Revenue Growth
Quarterly Revenue Growth ▐ Revenues in EUR millions Constant Currency growth 5,729 5,697 5,616 Q1: -3.3% YoY 5,480 5,527 Q1 2024 Year-on-Year Organic -3.6% Group scope +0.3pts Constant Currency -3.3% Currencies -0.2pts Reported -3.5% Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 ▐ Constant currency growth
Slide 11: Q1 2024 Revenues by Region
Q1 2024 Revenues by Region Q1 2023 Q1 2024 Variation APAC & LATAM Revenues Year-on-Year UK & 8% Rest of Europe Constant Ireland (in €m) (in €m) Reported Currency 12% North America 1,663 1,527 -8.2% -7.1% 32% UK & Ireland 686 684 -0.4% -3.2% Q1 France 1,163 1,131 -2.8% -2.8% 20% 2024 Rest of Europe 1
Slide 12: Q1 2024 Revenues by Sector
Q1 2024 Revenues by Sector Q1 2024 Services Year-on-Year Energy Constant & Utilities Currency 5% Financial Services -7.3% 8% Manufacturing Telco, Media 27% Energy & Utilities +2.5% & Technology 11% Manufacturing -1.5% Q1 Consumer Goods & Retail -3.8% 2024 13% Public Sector +2.4% 21% Consumer Goods T
Slide 13: Q1 2024 Revenues by Business
Q1 2024 Revenues by Business Strategy & Transformation Q1 2024 Operations & Engineering 9% Year-on-Year 29% Constant Currency Q1 Strategy & Transformation +1.6% 2024 Applications & Technology -4.0% Operations & Engineering -3.0% 62% Applications & Technology Reminder: growth by business is based on
Slide 14: Bookings Evolution
Bookings Evolution ▐ in EUR million (at reported rates) 6,643 6,101 5,867 5,655 5,275 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 ▐ Constant currency growth YOY (in %) +6.5% +1.2% +1.4% +1.7% -3.5% Q1 2024 Revenues | April 30, 2024 © Capgemini 2024. All rights reserved | 14
Slide 15: Headcount Evolution
Headcount Evolution Headcount Evolution Attrition -6% -15,300 -4,500 Q1 2023 Q1 2024 Attrition Variation LTM LTM Strategy & Transformation 20.0% 13.9% -6.0pts 357,000 337,200 Applications & Technology 22.1% 14.7% -7.3pts Operations & Engineering 24.3% 17.9% -6.4pts TOTAL 22.9% 15.9% -6.9pts Workforc
Slide 16: Q&A
Q&A Aiman EZZAT Olivier SEVILLIA Nive BHAGAT Chief Executive Officer Chief Operating Officer Chief Financial Officer
Slide 17: Appendix
Appendix Capgemini®
Slide 18: Alternate Performance Measures
Alternate Performance Measures ▐ Organic growth, or like-for-like growth, in revenues is the growth rate calculated at constant Group scope and exchange rates. The Group scope and exchange rates used are those for the published period. Exchange rates for the published period are also used to calcula
Slide 19: Revenue Quarterly Evolution
Revenue Quarterly Evolution Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Revenues (in €m) 5,729 5,697 5,480 5,616 5,527 Year-on-Year organic growth +10.1% +4.7% +2.0% -0.9% -3.6% Year-on-Year CC growth +10.7% +5.2% +2.3% -0.2% -3.3% Year-on-Year CC growth by Region North America +6.1% 0.0% -4.0% -6.6% -7
Slide 20: Utilization Rates Evolution
Utilization Rates Evolution Strategy & Transformation Applications & Technology 78% 79% 79% 80% 79% 70% 66% 68% 67% 67% Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q1 2024 Revenues | April 30, 2024 © Capgemini 2024. All rights reserved | 20
Slide 21: About Capgemini
About Capgemini Biraud, Vincent Massoni, Patrick Head of Investor Relations Senior Manager, Investor Relations Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible i