(AOF) – Wavestone is now targeting an annual current operating margin of around 14.5%, against 15% initially. The objective of a consolidated annual turnover of more than 525 million euros, taking into account the consolidation of PEN Partnership and Coeus Consulting, is confirmed. Wavestone explains that the first months of the year 2023 are “marked, particularly in France, by more wait-and-see attitude on the part of principals in the commitment and launch of new consulting assignments”.
Despite the “solid” order intake in recent months, activity has not been dynamic enough to allow it to absorb the many arrivals of new employees in the best possible way.
The activity rate for the fourth quarter of 2022/23 (ending at the end of March 2023) should therefore be down compared to the first nine months of the financial year. The activity rate stood at 74% at the end of December 2022.
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Learn more about the IT / DSE sector (digital service companies)
Growth hampered by recruitment
According to a study for Numeum, the digital professional organization, 79% of companies in the sector consider that their growth is hampered by the shortage of talent in the face of demand driven by digital transformation. Digital services companies forecast 5% growth for 2022. Several levers are activated by companies to attract talent, in particular remuneration, while average salaries have generally increased in the IT sector. New work organisations, career development prospects and meaningful assignments are other assets. Capgemini has therefore adopted a new agreement offering up to 70% telework to all employees. These adaptations are essential as a report from the Department of Research, Studies and Statistics (Dares) and France Strategy establishes that IT professions will be among those who will recruit the most by 2030. .