Capgemini Q3 results: Company posts better-than-expected sales growth

French consulting and IT services provider Capgemini on Tuesday posted an 18.4% increase in third quarter revenues at constant exchange rates, helped by strong bookings and growth in its digital and cloud offerings.

Capgemini, which offers services to industries ranging from telecoms to aerospace, reported slightly better-than-expected quarterly revenue of 4.01 billion euros ($4.74 billion).

Digital and Cloud services grew more than 10%, accounting for over 60% of its business during the quarter.