Capgemini raises revenue growth guidance to 12-13%

Capgemini has raised its revenue guidance and it expects to grow between 12% and 13%, with an operating margin of 12.5% to 12.7% and an organic free cash flow above 1.5 billion euros ($1.8 billion). It had previously forecast revenue growth in a range of 7% to 9%, operating margin of 12.2% to 12.4%and an organic free cash flow above 1.3 billion euros. Aiman Ezzat, CEO of the French company, said, “Capgemini has delivered an excellent 2021 first-half performance. Organic growth accelerated significantly in Q2 reaching 12.9%, and HI operating margin has materially improved.”