2024-06-20 11:56:31 ET
Summary
- The European IT consultant's revenue contracted in key markets.
- The outlook for 2024 is achievable and includes a return to growth.
- For what Capgemini offers, the stock is an attractively priced opportunity.
Capgemini SE (OTCPK: OTCPK:CAPMF ) (OTCPK: OTCPK:CGEMY ) is coming off the back of a pretty rough quarter. The usually supportive home markets in Europe (which bring more than 60% of total revenues) have inverted, while North America (30%) has suffered a fresh blow....
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Capgemini: Competitive Company With Growth Potential And Low Valuation