Quarterly Update
published on Feb 02, 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:
Q1 FY18 Financial Performance: Revenues Above Expectations, Book-to-Bill at 106%
- Reorganization of operating segments
- U.S. Commercial & State the strongest performing segment
- Northern Europe boosted by Affecto
- U.K. struggling in commercial sector, signs major public sector deal in Scotland. New leadership from January
- Book-to-bill dominated by government sector and by major renewals
- Has expensed 74% of restructuring plan, benefits starting to flow through
- Acquisition activity heats up
- CGI France has major expansion plans for 2018.