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By | John Oates 9th November 2005 12:28

Capgemini revs up ten per cent

Outsourcing gets the credit...

Capgemini increased turnover ten per cent in the third quarter, compared to the same period a year ago.

For the third quarter ended 30 September Capgemini brought in €1.67bn against €1.59bn for the third quarter of 2004.

The company said outsourcing grew fastest at 15 per cent and contributes 39 per cent of group revenues. By region Europe had the highest growth rate at 13 per cent while North America fell back 1.3 per cent.

Bookings for the third quarter were €1.25bn up 1.3 per cent on the similar period last year. Capgemini adjusts its growth forecast for the full year to 14 per cent, operating margin forecasts remain the same at 2.9 per cent.

More on Capgemini website here.

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