Capgemini 'comfortable' with top end of FY targets

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In July, the company forecast revenue growth of between 14 and 15% at constant currency and an operating margin of 12.9% to 13.1% for the full year.

“Given this very good Q3 performance, we now feel comfortable with the top end of our growth outlook for 2022,” chief executive Aiman Ezzat said in a statement.

The results come amid growing fears that an economic slowdown could dent IT budgets after gloomy results from tech giants Alphabet (NASDAQ:GOOGL) Inc and Microsoft Corp (NASDAQ:MSFT).

Revenue came in at 5.55 billion euros ($15.80 billion) in the third quarter, up 15.7% year-on-year at constant exchange rates compared to 4.55 billion euros a year earlier.

($1 = 0.9936 euros)