Capgemini said artificial intelligence-related demand will grow in 2026, after AI services picked up orders in the last quarter of last year.
Capgemini said artificial intelligence-related demand will grow in 2026, after AI services picked up orders in the last quarter of last year. (Reuters)The French consulting and information-technology firm said on Friday it expects revenue to grow by 6.5% to 8.5% this year, excluding currency movements, with an operating margin of 13.6% to 13.8%.
For the fourth quarter, Capgemini said revenue rose 11% in constant currency, with a 20% jump in North America and growth returning to its European operations outside France, the UK and Ireland.
Quarterly bookings totaled 7.20 billion euros ($8.55 billion), up 9.1% year-on-year, and Capgemini said generative AI represented more than 10% of the group’s total.
Capgemini was among the stocks that sold off globally due to concerns over the threat posed by AI to various sectors including IT, software and data. Its shares have fallen nearly 30% since the start of the year.
Still, Capgemini Chief Executive Aiman Izzat said the company is signing some big deals for AI-led transformation programs and intelligent operations that are expected to drive growth this year.
Overall for 2025, the company posted a net profit of 1.60 billion euros, down 4.2% year-on-year, on revenue that rose 1.7% to 22.465 billion euros.
Analysts polled by FactSet had forecast net profit of 1.56 billion euros and revenue of 22.30 billion euros.
Enter Adrià Calatayud adria.calatayud@wsj.com
