Quarterly Update
published on Aug 21, 2017
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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:
- Q3 FY17 Financial Performance: Revenue Above Expectations, But Margins, Bookings, Dip
- U.S. the strongest performing geography in terms of revenue growth, turning in its strongest quarter in four years, benefiting from pent up demand in the federal sector
- Pockets of weakness in the Nordics and ECS, also in UK commercial sectors
- Margins are down, with workforce realignment having stated in some areas
- Book-to-bill is <100%, but over half of this is new business
- To incur CAD165m restructuring charge – expects to see benefits in FY18
- Two more acquisitions enhancing local consulting capability in U.S. metro markets – makes it three so far this year
- Second Industry CoE opens in France
This Quarterly Update on CGI is 13 pages long and complements the more comprehensive Key Vendor Assessment on CGI.
For details, contact [email protected]