Capgemini Se · EURONEXT:CAP
Capgemini — Capgemini Se Ord — Q3 2024 Earnings Presentation
23 slides from Capgemini's earnings presentation, Nov 18, 2024
Slide 1: Q3 2024 Revenues
Q3 2024 Revenues October 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: Trends improved in Q3, but only marginally
Trends improved in Q3, but only marginally Q3 REVENUES Q3 BOOKINGS -1.6% -0.8% € 5,377M 0.97 book-to-bill Q3 2024 Revenues | October 30, 2024 Constant Currency Growth © Capgemini 2024. All rights reserved | 4
Slide 5: Q3 growth reflects contrasted industry trends
Q3 growth reflects contrasted industry trends BUSINESSES SECTORS UK & Ireland +0.4% Strategy & Public North America Transformation Sector -3.9% France Q2 : -2.5% +6.5% +3.9% Q2 : -3.7% Q2 : +3.7% Q2 : +3.6% -2.5% Rest of Europe Q2 : -2.7% Applications & +0.6% Technology Manufacturing Q2 : +0.4% Asia
Slide 6: Generating value for our clients
Generating value for our clients DATA & AI CLOUD US ITALIAN EUROPEAN GERMAN APAC INTELLIGENT LIFE SCIENCES MANUFACTURING LIFE SCIENCES AUTOMOTIVE ENERGY INDUSTRY Software for Robotic PLM development & Design of a device for Data acquisition from Data Governance & Public Cloud Assisted Surgery Integr
Slide 7: Creating value with Generative AI
Creating value with Generative AI DRIVING GROWTH WITH GENERATIVE AI TRACTION FOR OUR VALUED SERVICES ON GENERATIVE AI Recognized by ≈ €600M bookings EUROPEAN GLOBAL US the market 9 months YTD AUTOMOTIVE CPR ASSET MANAGEMENT GenAI for GenAI GenAI assistants for customer Software Engineering for Marke
Slide 8: 2024 Outlook
2024 Outlook REVENUE GROWTH OPERATING MARGIN ORGANIC FCF -2.0% 13.3% around to -2.4% to 13.4% € 1.9 bn at constant exchange rates was -0.5% to -1.5% was 13.3% to 13.4% Inorganic contribution of 0.4 pts (was of around 0.5 pts) Q3 2024 Revenues | October 30, 2024 © Capgemini 2024. All rights reserved
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 Q3: -1.6% YoY 5,616 5,527 5,611 5,480 5,377 9M: -2.3% YoY Q1 2024 Q2 2024 Q3 2024 9M 2024 Year-on-Year Organic -3.6% -2.3% -2.1% -2.7% Group scope +0.3pts +0.4pts +0.5pts +0.4pts Constant Currency -3.3% -1.9% -1
Slide 11: Q3 & 9M 2024 Revenues by Sector
Q3 & 9M 2024 Revenues by Sector Q3 2024 9M 2024 Services Year-on-Year Year-on-Year Energy & Utilities Constant Constant Manufacturing Currency Currency 5% Telecoms, Media 8% Financial Services -1.3% -4.7% & Technology 27% Energy & Utilities +0.1% +1.2% 11% Manufacturing -3.4% -2.0% 9M 2024 Consumer
Slide 12: Q3 & 9M 2024 Revenues by Region
Q3 & 9M 2024 Revenues by Region Q3 2023 Q3 2024 Variation 9M 2024 APAC & LATAM Revenues Year-on-Year Year-on-Year Rest of Europe UK & 9% Constant Constant (in €m) (in €m) Reported Ireland Currency Currency 12% 31% North America 1,608 1,530 -4.9% -3.9% -4.9% UK & Ireland 676 690 +2.1% +0.4% -1.8% 9M
Slide 13: Q3 & 9M 2024 Revenues by Business
Q3 & 9M 2024 Revenues by Business Total Revenues Strategy & Operations & Transformation Engineering Q3 2024 9M 2024 9% Year-on-Year Year-on-Year 29% Constant Constant Currency Currency 9M Strategy & Transformation +6.5% +3.9% 2024 Applications & Technology -1.2% -2.7% Operations & Engineering -3.4%
Slide 14: Bookings Evolution
Bookings Evolution Book-to-Bill 1.06 1.11 0.98 1.16 1.02 1.07 0.96 1.18 1.02 1.09 0.97 ▐ in EUR billion (at reported rates) 2022 2023 2024 ▐ Constant Currency Growth YOY (in %) +6.5% +1.2% +1.4% +1.7% -3.5% +0.0% -0.8% Q3 2024 Revenues | October 30, 2024 © Capgemini 2024. All rights reserved | 14
Slide 15: Headcount Evolution
Headcount Evolution Headcount evolution Attrition -1% -1,600 -2,200 Sept. 2023 Sept. 2024 Attrition Variation LTM LTM Strategy & Transformation 16.4% 13.9% -2.5pts 342,700 338,900 Applications & Technology 17.3% 14.4% -2.9pts Operations & Engineering 20.9% 17.0% -3.9pts TOTAL 18.6% 15.4% -3.2pts Sep
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: Q3 2024 Revenue Mix by Sector / Business
Q3 2024 Revenue Mix by Sector / Business Revenues By Sector Revenues By Business (in % of Group Revenues) (in % of Total Revenues) Energy Services & Utilities Strategy & Transformation Manufacturing 5% Operations & Telecoms, Media 9% 8% Engineering & Technology 26% 28% 11% Revenues By Region Q3 Q3 (
Slide 20: Revenue Quarterly Evolution
Revenue Quarterly Evolution Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Revenues (in €m) 5,729 5,697 5,480 5,616 5,527 5,611 5,377 Year-on-Year organic growth +10.1% +4.7% +2.0% -0.9% -3.6% -2.3% -2.1% Year-on-Year CC growth +10.7% +5.2% +2.3% -0.2% -3.3% -1.9% -1.6% Year-on-Year CC grow
Slide 21: Offshore Leverage Evolution
Offshore Leverage Evolution 57% 58% 57% 58% 58% 57% 57% 57% 56% 54% 54% 47% 44% 40% 35% 37% 31% 28% 24% 13% Dec. 06Dec. 07Dec. 08Dec. 09Dec. 10Dec. 11Dec. 12Dec. 13Dec. 14Dec. 15Dec. 16Dec. 17Dec. 18Dec. 19Dec. 20Dec. 21Dec. 22Dec. 23 Jun. 24 Sep. 24 Q3 2024 Revenues | October 30, 2024 © Capgemini 2
Slide 22: Utilization Rates Evolution
Utilization Rates Evolution Strategy & Transformation Applications & Technology 79% 79% 80% 79% 80% 80% 78% 70% 69% 69% 66% 68% 67% 67% Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q3 2024 Revenues | October 30, 2024 © Capgemini 2024
Slide 23: About Capgemini
About Capgemini Biraud, Vincent Massoni, Patrick Capgemini is a global business and technology transformation partner, helping organizations to Head of Investor Relations Senior Manager, Investor Relations accelerate their dual transition to a digital and sustainable world, while creating tangible i