19 slides from Cgi Inc. Class A's earnings presentation, Apr 30, 2025
Slide 1: Second Quarter Fiscal 2025 Financial results and highlights
Second Quarter Fiscal 2025 Financial results and highlights For the three months ended March 31, 2025 and 2024 April 30, 2025
Slide 2: Forward-Looking Information and Statements
Forward-Looking Information and Statements Our presentations contain “forward-looking information” within the our services and to collect receivables, to disclose, manage and All amounts are in Canadian dollars unless otherwise indicated. meaning of Canadian securities laws and “forward-looking stat
Slide 3: François Boulanger and Steve Perron
François Boulanger Steve Perron President and Executive Vice-President and Chief Executive Officer Chief Financial Officer © 2025 CGI Inc. 3
Slide 4: Financial highlights: Q2 F2025
Financial highlights: Q2 F2025 Q2 F2025 vs. Q2 F2024 Revenue $4.02B 7.6% Constant currency revenue growth1 3.3% Earnings before income taxes $583M 0.9% Earnings before income taxes margin2 14.5% 90 bps Adjusted EBIT1 $666M 5.9% Adjusted EBIT margin1 16.5% 30 bps Net earnings $430M 0.7%
Slide 5: CEO Remarks
CEO Remarks “CGI’s second quarter results continue to demonstrate the disciplined execution of our profitable growth strategy, even as clients navigate a challenging business environment,” said François Boulanger, President and Chief Executive Officer. “Our financial strength and strategic deploymen
Slide 6: CGI's Talent Profile: 94,000 consultants and professionals
CGI’s Talent Profile: 94,000 consultants and professionals CGI’s balanced global delivery model 64% 13% of CGI consultants are 23% of CGI consultants are of CGI consultants are in in client proximity in nearshore or onshore Delivery CGI’s Global Delivery Centers (including India, Philippines and Mor
Slide 7: Revenue mix: Q2 F2025
Revenue mix: Q2 F2025 (in millions of dollars and % of revenue) Service type Client geography Vertical market H E G D F A A B E A C D B C B A. Managed IT and business A. U.S., 33% A. Government, 38% process services, 55% B. France, 14% B. Financial Services, 22% C. Canada, 14% B. Business and strate
Slide 8: Financial highlights: Q2 F2025 (in millions of dollars and % of revenue)
Financial highlights: Q2 F2025 (in millions of dollars and % of revenue) Earnings before income taxes and margin1 Net earnings and margin1 Diluted EPS $583 $1.89 $577 +0.9% $430 $427 +0.7% +3.3% $1.83 15.4% 14.5% 11.4% 10.7% Q2 F2024 Q2 F2025 Q2 F2024 Q2 F2025 Q2 F2024 Q2 F2025 Adjusted EBIT and mar
Slide 9: Other Financial Metrics
Other Financial Metrics Cash from operating activities Capital structure ratios Q2 F2025 Return on Invested Capital2 $438M 15.4% 10.9% of revenue1 versus 15.9% in prior year period Prior year period $502M Last 12 months Net Debt to Capitalization2 $2.21B 24.1% 14.6% of revenue1 versus 16.4% in prior
Slide 10: Book-to-bill ratio of 110.6% for the last twelve months
Book-to-bill ratio of 110.6% for the last twelve months Q2 F2025 bookings1 Q2 F2025 Book-to-bill ratio1 Last-12-months Book-to-bill ratio1 $4.5B 111.5% 110.6% Q2 F2025 Bookings by contract type Q2 F2025 Bookings by service type Business and strategic IT consulting and systems New business integratio
Slide 11: Segmented Results
Segmented Results Q2 F2025 Q2 F2024 Revenue Adjusted EBIT1 Revenue Adjusted EBIT1 In millions of CAD $ $ % $ $ % Western and Southern Europe 675.3 97.6 14.4% 682.7 104.3 15.3% U.S. Commercial and State Government 671.7 99.2 14.8% 597.8 79.6 13.3% U.S. Federal 575.5 78.0 13.5% 496.3 75.2 15.2% Canada
Slide 12: Revenue Trend
Revenue Trend Revenue of $4,023 million, year-over-year growth of 7.6% or 3.3%* on a constant currency basis In millions Revenue Growth Constant currency growth* 20.0% $4,000 15.0% $3,500 7.6% 10.0% $3,000 5.0% $2,500 3.3% 0.0% $2,000 -5.0% $1,500 -10.0% Q2 F2022 Q3 F2022 Q4 F2022 Q1 F2023 Q2 F2023
Slide 13: Earnings Before Income Taxes and Margin Trend
Earnings Before Income Taxes and Margin* Trend Earnings before incomes taxes of $583 million; margin of 14.5%, down 90 basis from Q2 F2024 In millions Earnings before income taxes Earnings before income taxes margin* $600 18.0% $550 17.0% $500 16.0% $450 14.5% 15.0% $400 14.0% $350 13.0% $300 12.0%
Slide 14: Adjusted EBIT and Margin Trend
Adjusted EBIT* and Margin* Trend Adjusted EBIT of $666 million; margin of 16.5%, down 30 basis from Q2 F2024 In millions Adjusted EBIT* Adjusted EBIT margin* $700 17.5% $650 17.0% $600 16.5% 16.5% $550 16.0% $500 15.5% $450 $400 15.0% Q2 F2022 Q3 F2022 Q4 F2022 Q1 F2023 Q2 F2023 Q3 F2023 Q4 F2023 Q1
Slide 15: Net Earnings Margin and Diluted EPS Trend
Net Earnings Margin* and Diluted EPS Trend Net earnings of $430 million – diluted EPS of $1.89, up 3.3% from Q2 F2024 Diluted EPS Net earnings margin* $2.00 12.5% $1.90 12.0% $1.80 11.5% $1.70 11.0% $1.60 10.7% 10.5% $1.50 10.0% $1.40 $1.30 9.5% $1.20 9.0% Q2 F2022 Q3 F2022 Q4 F2022 Q1 F2023 Q2 F202
Slide 16: Adjusted Net Earnings Margin and Diluted EPS Trend
Adjusted Net Earnings Margin* and Diluted EPS* Trend Adjusted net earnings of $481 million – adjusted diluted EPS of $2.12 up 7.6% from Q2 F2024 Adjusted Diluted EPS Adjusted Net Earnings marign $2.20 13.0% $2.10 12.7% $2.00 12.4% $1.90 11.9% 12.1% $1.80 $1.70 11.8% $1.60 11.5% $1.50 11.2% $1.40 10.
Slide 17: Long-Term Debt and Lease Liabilities Trend
Long-Term Debt and Lease Liabilities* Trend Long-term debt and lease liabilities at $4.37 billion, up $1.34 billion from Q2 F2024 In millions Long-term debt and lease liabilities* $4,500 $4,000 $3,500 $3,000 $2,500 $2,000 Q2 F2022 Q3 F2022 Q4 F2022 Q1 F2023 Q2 F2023 Q3 F2023 Q4 F2023 Q1 F2024 Q2 F20
Slide 18: Net Debt Trend
Net Debt* Trend Net debt at $3.24 billion or 24.1% net debt to capitalization ratio, up 770 basis points from Q2 F2024 In millions Net debt * Net debt to capitalization ratio* $3,500 35% $3,000 30% 24.1% $2,500 25% $2,000 20% $1,500 15% $1,000 10% $500 5% $0 0% Q2 F2022 Q3 F2022 Q4 F2022 Q1 F2023 Q2
Slide 19: Contact our investor relations team to continue the conversation
Contact our investor relations team to continue the conversation Kevin Linder Senior Vice-President, Investor Relations kevin.linder@cgi.com +1-905-973-8363 IR@cgi.com cgi.com For more information: cgi.com/investors