Capgemini jumps as Accenture results challenge 'AI losers' narrative

Capgemini SE

01/10/2026 14:36

Oct 1 (Reuters) - ** Capgemini CAPP.PA Shares jump ~9.5%, after upbeat results from US peer Accenture ACN.N
** French IT consulting group among top gainers on STOXX 600 .STOXX 
** Accenture sees upbeat annual sales after Q4 revenue beat, robust bookings; shares surge 20.3%
** Key takeaway: accelerating revenue growth, a 1.2x book-to-bill ratio that signals resilient demand - Kepler Cheuvreux 
** Says results "somewhat challenge the AI losers scenario", suggesting investors may be reassessing concerns that generative AI could hurt demand for traditional IT services and consulting firms
** Wider European software and IT services sector rises: Atos ATOS.PA, Reply REY.MI climb ~6%; TeamViewer TMV.DE, Planisware PLNW.PA gain ~3.5%; Sage SGE.L ahead 2.4%; SAP SAPG.DE, Wolters Kluwer WLSNc.AS tick up 2.1%

 (Reporting by Jerome Terroy)
 ((jerome.terroy@thomsonreuters.com))