Capgemini sets mid-term targets as it bets on AI consulting growth
Capgemini sets mid-term targets as it bets on AI consulting growth May 27 (Reuters) - Capgemini CAPP.PA unveiled new medium-term targets on Wednesday, as the French IT group positions itself as a consultant to help companies implement AI across industries.
The group targets average yearly revenue growth of 5.5% to 7.5% between 2025 and 2028, and cumulative organic free cash flow of more than €6 billion from 2026 to 2028. It also aims to raise its operating profit before acquisition costs to between 12.1% and 12.3% of revenue by 2028, it said in a statement.
(Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)
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