Capgemini Se · EURONEXT:CAP
Capgemini — Capgemini Se Ord — Q1 2023 Earnings Presentation
20 slides from Capgemini's earnings presentation, May 4, 2023
Slide 1: Q1 2023 Revenues
Q1 2023 REVENUES MAY 4, 2023 Capgomini@
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: Starting 2023 with a quarter exceeding expectations
STARTING 2023 WITH A QUARTER EXCEEDING EXPECTATIONS Q1 REVENUES Q1 BOOKINGS +10.7% +6.5% € 5,729M 1.02 book-to-bill Q1 2023 Revenues | May 4, 2023 Constant Currency Growth © Capgemini 2023. All rights reserved | 4
Slide 5: Demand remains sustained for high value-added transformation solutions
DEMAND REMAINS SUSTAINED FOR HIGH VALUE-ADDED TRANSFORMATION SOLUTIONS BUSINESSES SECTORS UK & Ireland +13.9% Strategy & North America Transformation Manufacturing +6.1% France +16% +17% +12.4% Rest of Europe Applications & Technology Public Sector +13.8% Asia Pacific +11% +13% & Latin America +8.4%
Slide 6: Business and technology solutions that match our client needs
BUSINESS AND TECHNOLOGY SOLUTIONS THAT MATCH OUR CLIENT NEEDS CLOUD DATA & AI MEDICAL US INTELLIGENT DEVICES PHARMACEUTICAL INDUSTRY Digital factory for new Dedicated & secured New laboratory set-up Green battery Transformation Data architecture nuclear Offshore Delivery Center and control Gigafacto
Slide 7: We reiterate our 2023 outlook
WE REITERATE OUR 2023 OUTLOOK REVENUE GROWTH OPERATING MARGIN ORGANIC FCF +4.0% 13.0% around to +7.0% to 13.2% € 1.8 bn at constant exchange rates Inorganic contribution around 0.5 points at the lower end of the target range and 1.0 point at the upper end Q1 2023 Revenues | May 4, 2023 © Capgemini 2
Slide 8: Carole Ferrand, Chief Financial Officer
Carole FERRAND Chief Financial Officer
Slide 9: Quarterly revenue growth
QUARTERLY REVENUE GROWTH ▐ Revenues in EUR millions Constant currency growth 5,754 5,729 Q1: +10.7% YoY 5,521 5,553 5,167 Q1 2023 Year-on-Year Organic +10.1% Group scope +0.6pts Constant Currency +10.7% Currencies +0.2pts Reported +10.9% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 ▐ Constant currency gr
Slide 10: Q1 2023 revenues by region
Q1 2023 REVENUES BY REGION Q1 2022 Q1 2023 Variation APAC & LATAM Revenues Year-on-Year UK & 8% Rest of Europe Constant (in €m) (in €m) Reported Ireland Currency 12% 31% North America 1,509 1,663 +10.2% +6.1% UK & Ireland 635 686 +8.0% +13.9% Q1 France 1,035 1,163 +12.4% +12.4% 20% 2023 Rest of Euro
Slide 11: Q1 2023 revenues by sector
Q1 2023 REVENUES BY SECTOR Q1 2023 Services Year-on-Year Energy Constant & Utilities Currency 5% Financial Services +9.4% 8% Manufacturing Telco, Media 27% Energy & Utilities +5.9% & Technology 11% Manufacturing +16.8% Q1 Consumer Goods & Retail +6.8% 2023 13% Public Sector +13.1% 22% Telco, Media &
Slide 12: Q1 2023 revenues by business
Q1 2023 REVENUES BY BUSINESS Strategy & Transformation Operations & Engineering 9% Q1 2022 Q1 2023 Q1 2023 29% Total Revenues Year-on-Year Constant (in % of Group Revenues) Currency Q1 Strategy & Transformation 8% 9% +15.6% 2023 Applications & Technology 63% 62% +10.7% Operations & Engineering 29% 2
Slide 13: Bookings evolution
BOOKINGS EVOLUTION ▐ in EUR million (at reported rates) 6,685 6,134 5,867 5,473 5,427 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 ▐ Constant currency growth YOY (in %) +26.5% +18.8% +12.5% +11.4% +6.5% Q1 2023 Revenues | May 4, 2023 © Capgemini 2023. All rights reserved | 13
Slide 14: Headcount evolution
HEADCOUNT EVOLUTION Headcount Evolution Attrition +8,300 +7,900 +5% Q1 2022 Q1 2023 Attrition Variation LTM LTM 357,000 Strategy & Transformation 23.3% 20.0% -3.4pts 340,700 Applications & Technology 26.9% 22.1% -4.8pts Operations & Engineering 25.5% 24.3% -1.2pts TOTAL 26.2% 22.9% -3.4pts Mar. 2022
Slide 15: Q&A
Q&A Aiman EZZAT Olivier SEVILLIA Carole FERRAND Chief Executive Officer Chief Operating Officer Chief Financial Officer
Slide 16: Appendix
APPENDIX Papaomini@
Slide 17: 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 18: Revenue quarterly evolution
REVENUE QUARTERLY EVOLUTION Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Revenues (in €m) 5,167 5,521 5,553 5,754 5,729 Year-on-Year organic growth +16.3% +18.1% +14.3% +12.8% +10.1% Year-on-Year CC growth +17.7% +19.3% +15.7% +14.0% +10.7% Year-on-Year CC growth by Region North America +16.8% +16.7% +14
Slide 19: Utilization rates evolution
UTILIZATION RATES EVOLUTION Strategy & Transformation Applications & Technology * 78% 78% 78% 78% 78% 69% 69% 68% 69% 66% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 * 2022 restated for comparison purposes Q1 2023 Revenues | May 4, 2023 © Capgemini 2023. All right
Slide 20: About Capgemini
About Capgemini Biraud, Vincent Massoni, Patrick Head of Investor Relations Senior Manager, Investor Relations Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of +33 1