French IT consulting company Capgemini on Thursday raised its growth target for 2022, as demand for digital transformation services boosted second-quarter revenue.
The firm, which offers its services to industries ranging from telecoms to aerospace, now expects revenue growth of 14-15 per cent at constant currency, against previous guidance of 8-10 per cent. It also confirmed its operating margin target of 12.9 per cent to 13.1 per cent for the full year and organic free cash flow target above 1.7 billion euros.
"This is the fifth consecutive quarter of double-digit growth and strong bookings demonstrating our strong momentum and market share gains", Chief Executive Aiman Ezzat said in a statement.
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