(AOF) – Accenture has reduced its earnings per share forecast for 2022. In the third quarter, which ended at the end of May, the management consulting group, technologies and outsourcing achieved a net profit, group share, of 1.79 billion euros. dollars, or $2.79 per share, compared with $1.55 billion, or $2.40 per share, a year earlier. The market was anticipating $2.86 per share, but it’s not clear that the two figures are directly comparable. The sale of activities in Russia had a negative impact of 15 cents per share.
Revenue jumped 22% to $16.2 billion while analysts were targeting $16.03 billion. Sales increased by 27% in local currencies.
On the commercial level, Accenture recorded an amount of 17 billion dollars of orders (+ 10%), including 9.1 billion for consulting and 7.8 billion dollars for outsourcing.
For the 2022 financial year, the management, technology and outsourcing consulting group now anticipates a greater negative impact of exchange rates, of 4.5% against 3% previously. Revenue growth is expected between 25.5% and 26.5% in local currency compared to 24% to 26% previously.
It is now targeting diluted earnings per share of between $10.61 and $10.70, up 21% to 22% year on year from $10.61 to $10.81 previously. The operating margin is still expected to improve by 10 basis points to 15.2%.
AOF – LEARN MORE
Business services: road transport faced with a labor shortage
A report published by Dares (Direction de l’Animation de la recherche, des Etudes et des Statistiques) in October 2020 pointed out that truck drivers were among the thirty most stressed professions in France in 2019. This tension is not fallout and could even increase in the coming years. According to the OTRE (Organization of European Road Carriers), the needs could reach 100,000 jobs in the next five years. The phenomenon, which was lessened during successive confinements, reappeared with the resumption of activity. It is partly linked to a lack of image and unattractive remuneration. Unfortunately, the recent negotiations between the social partners to revalue the minima for the branch have not been successful.