Capgemini a little more optimistic about its prospects.

The computer services group for 2010 anticipates a decline in operating margin of 6 to 6.5% and 2% to 4% of its turnover.

Capgemini is a bit more optimistic about its annual outlook after a decline of turnover less than expected in the first quarter on the strength of a recovery in investment in North America.
The first group of European computer services has reaffirmed anticipate a further contraction in operating margin of 6 to 6.5% against 7.1% in 2009, down 2% to 4% of its turnover rate constant exchange after a decline of 5.5% in 2009.
"Our industry has belatedly been affected by the global economic crisis, but signs of a recovery in business investment is increasing," said Chief Executive Paul Hermelin said in a statement.
Very volatile, the action has one of the largest increases of ACC 40, with a gain of 3.76% to 38.195 euros to 10.30, after opening down 1.9%. It outperformed the index of technology, down 0.4%.
CM-CIC observed that the recovery does not reflect the fundamentals of the group.
"The market may not reflect the fact that Capgemini is ahead of his peers at organizational, offshore presence / response capability, financial and Balance sheet," said the bank in a note.
PRICES STABILIZED, MARGINAL INCREASES
Even if it was premature to revise the annual outlook at this point, Paul Hermelin told a conference call now expect a decline of 7% of turnover in the first half, marked by a comparative disadvantage instead of 8% previously.
The group, which had indicated earlier this year anticipate a rate of 0-4% in the second half, was now more likely to find themselves in the green over the period, he added, confirming a price stabilization increases even with "marginal" in some segments.
The group achieved a turnover of 2.052 million euros in the first quarter, organic sales drop of 7.8% over one year. The 12 analysts polled by Reuters expected the writing average turnover of 1,997 million euros, down 9.1% organic.
Indicates that the low point of the activity has been reached, Capgemini argues that the decline in turnover is reduced to 2.2% compared to fourth quarter 2009.
The group said they had benefited in particular from a 3% growth in North America related to the resumption of investments in financial services. France is accusing the other hand a decrease of 7.1%, while the UK limit his at 3%.
Capgemini shows new orders of 2,073 million euros, with a ratio of 1.06 reported in turnover and 1.30 in North America.
Atos Origin, Capgemini competitors on certain contracts, posted a 17% jump in its order intake in the first quarter, allowing it to confirm its anticipation of a resumption of growth in sales in the second half.
In March, the U.S. Accenture has instead lowered its forecast for the year due to the rising dollar, after reports a decline in quarterly earnings.