IT firm Capgemini raises 2021 targets on booming tech demand
By
Biju Kumar
French consulting and IT services provider Capgemini raised its 2021 guidance on Wednesday as it benefits from a global surge in demand for tech and cloud-based solutions that picked up speed during the pandemic.
The company now expects 2021 revenues to be up between 12% and 13%, an operating margin of 12.5% to 12.7% and an organic free cash flow above 1.5 billion euros ($1.77 billion).