Capgemini Group (CAPP, CGEMY.PK) reported 2.6% decline in first-quarter published revenues, citing mainly the weak economic environment in Europe and a negative calendar impact. Revenues were down 1.7% on a like-for-like basis.
Consolidated revenues in the first quarter totaled 2.5 billion euros at current Group structure and exchange rates, lower than 2.57 billion euros in the previous year.
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The provider of consulting, technology and outsourcing services also confirmed its 2013 annual objectives and continues to forecast like-for-like revenue growth in line with 2012.
The Group expects an operating margin in excess of 8.3%, before amortization of intangible assets acquired through business combinations.
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