The Board of Directors of Cap Gemini S.A., chaired by Serge Kampf, convened in Paris on February 15, 2012 to review and authorize for issue the accounts of Capgemini Group for the year ended December 31, 2011.
The Group reports total 2011 revenues of €9,693 million, up 11.4% on published revenues (i.e. at currentGroup structure and exchange rates), representing growth of some 2 points above the objective set at the beginning of the year. On a like-for-like basis (i.e. at constant Group structure and exchange rates), revenues rose 5.6%, with the difference between these two rates primarily due to the consolidation of CPM Braxis (Brazil) and Prosodie (France), acquired in October 2010 and July 2011, respectively.
Bookingsduring the year totaled €9,903 million, down on last year (-8.4% like-for-like) during which a large number of Outsourcing Services contracts were renewed. Conversely, Technology Services, Local Professional Services and Consulting Services reported 6.2% growth in bookings and a book-to-bill ratio of 1.12, confirming the dynamism of these markets.
The operating margin is up in each of the Group’s four businesses and totals €713 million, or 7.4% of 2011 consolidated revenues, compared to 6.8% in 2010. In line with the objective set by the Group, the operating margin rate for the second-half of 2011 increased one point on the second-half of 2010 to 8.6%.Operating profit increased 21.7% to €595 million.
After a net financial expense of €105 million (compared to €87 million last year) and an income tax expense of €101 million (compared to €124 million last year), Group profit for the year is €404 million, up 44.3% on last year.