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CGI - Quarterly Update

Quarterly Update

by Rachael Stormonth

published on May 09, 2018

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Report Overview:

NelsonHall’s Quarterly Update on CGI provides a snapshot of developments at CGI in the last quarter.

Who is this Report for:

NelsonHall’s Quarterly Update on CGI provides a snapshot of developments at the company in the last quarter. It accompanies NelsonHall’s more comprehensive Key Vendor Assessment program.

Both programs are designed for:

Marketing, sales and business managers developing strategies to target service opportunities within the BPO/IT Services markets

Sourcing managers monitoring the capabilities of existing suppliers of IT and BPO services and identifying vendor suitability for these services

Consultants advising clients on vendor selection

Vendor marketing, sales and business managers looking to benchmark themselves against their peers

Financial analysts and investors specializing in the BPO/IT services sector.

Scope of this Report:

The report provides a quarterly update on CGI, looking at financial performance and key developments during the period.

Key Findings & Highlights:

Q2 FY18 Financial Performance:

  • CC and organic revenue growth in line with Q1:
    • U.S. Commercial & State Government and Northern Europe revenues boosted by acquisitions
    • U.K. bottoming out
  • Bookings strong
  • Margin impacted by Restructuring Program

Optimistic outlook for H2

M&A Strategy Focusing on Larger Tuck-Ins

We expect to see additional acquisitions in FY18

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