The French IT giant Capgemini welcomed on Wednesday a
“record”
financial year in 2023, including an increase in its net profit of 7%, and it was optimistic for 2024 despite an environment which remains
“ not very supportive
.
Last year, its net profit reached 1.7 billion euros, while its turnover increased by 2.4%, to 22.5 billion euros.
The increase in its sales reached 4.4% at constant exchange rates, at the bottom of the range it was targeting (+4% to +7%).
“The group is well equipped to continue to improve its performance in 2024 while the environment is expected to remain sluggish in the first half. This year again, the group plans to grow, with a low point in growth in the first quarter
,” commented the general director, Aiman Ezzat, quoted in a press release.
Capgemini therefore hopes to experience growth in its turnover this year at constant exchange rates of between +0% and +3%, which is still a less ambitious level than in 2023.
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It also anticipates an operating margin of between 13.3% and 13.6%, after it stood at 13.3% in 2023.
“We are seeing strong momentum in AI,”
Aiman also underlined. Ezzat during a conference call.
The group announced in July that it would invest $2 billion in artificial intelligence over a period of 3 years.
Concerning the partnership with Mistral AI announced at the beginning of February, he affirmed that this start-up was
“a nugget in France”
.
The Capgemini board of directors also announced that it was proposing the renewal of the directorship of Aiman Ezzat for a period of four years at the general meeting of May 16.
On this same occasion, he plans to extend Aiman Ezzat in his role as general manager.
The group proposed a dividend of 3.40 euros per share, compared to 3.25 euros the previous year, the press release specifies.