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CGI - Quarterly Update

Quarterly Update

by Rachael Stormonth

published on Feb 04, 2019

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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:

Q1 FY19 performance: low single-digit organic growth, continuing margin expansion

Underperforming Spanish and Portuguese units transfer to the France segment, which renamed Western & Southern Europe.

Broad-based growth in most regions; Northern Europe impacted by planned exit from some low margin contracts.

FY18 restructuring program contribute to margin expansion.

Completes ckc acquisition.

Targeting significant organic expansion in France.

M&A activity may return to larger transactions

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