Capgemini SE: Pioneering Digital and Sustainable Transformation

Capgemini SE stands as a global business and technology transformation partner, dedicated to accelerating organizations’ dual transition to a digital and sustainable world. This commitment creates tangible impact for enterprises and society alike. As a responsible and diverse group, Capgemini employs 340,000 team members across more than 50 countries, representing over 160 nationalities. With a strong heritage spanning over 55 years, Capgemini earns the trust of clients by unlocking the value of technology to address the full breadth of their business needs. The company delivers end-to-end services and solutions, drawing on strengths from strategy and design to engineering, all powered by market-leading capabilities in AI, generative AI, cloud, and data. These are combined with deep industry expertise and a robust partner ecosystem. In 2024, the Group achieved global revenues of €22,096 million.

This foundation enables Capgemini to foster agility, leverage creativity, and maximize competitiveness for clients. Collaborating across multiple business and tech ecosystems, Capgemini unleashes human energy through technology, paving the way for an inclusive and sustainable future. The Group’s focus on innovation, such as the breakthrough WindSight IQ™ technology demonstrated at the 37th America’s Cup, highlights its role in transforming experiences through real-time data visualization and augmented reality. This initiative refreshed wind maps every second across the racecourse, reaching 1.5 billion viewers in 209 countries and 2.66 million in-person attendees in Barcelona, while garnering 7.45 million video views.

Capgemini’s seven core values—Honesty, Boldness, Trust, Freedom to Act, Team Spirit, Modesty, and Fun—guide its operations and culture. These principles underpin a client satisfaction level of 4.3 out of 5, based on regular assessments of contractually defined expectations. The Group’s ratings reflect its commitment: membership in the DJSI Europe Index, an ‘A’ score in CDP’s Climate Change 2024, a net-zero business target by 2040, and a goal of 35% women in leadership positions by 2030.

Business segments and revenue breakup %

Capgemini organizes its operations into four primary business segments, each contributing to the Group’s comprehensive service portfolio. In 2024, these segments generated revenues totaling €22,096 million, with detailed contributions reflecting a balanced yet specialized approach to client needs. The breakdown at constant exchange rates shows Strategy & Transformation accounting for 8% of Group revenues, Applications & Technology for 62%, and Operations & Engineering combined for 25%. This structure allows Capgemini to address diverse client requirements from high-level advisory to hands-on execution, integrating technology solutions seamlessly across the value chain. The slight year-over-year decreases—2.1% for Strategy & Transformation, 2.0% for Applications & Technology, and 2.1% for Operations & Engineering—highlight resilience amid broader market slowdowns, while maintaining overall operational efficiency.

• Strategy & Transformation (8% of revenues): This segment focuses on helping clients define and execute high-level strategies for digital and sustainable shifts, contributing €1,768 million to the 2024 total. It encompasses consulting services that align business objectives with technological advancements, including AI-driven roadmaps and sustainability planning. The operational scope includes market analysis, innovation workshops, and transformation program design, enabling clients to navigate complex changes in their industries. Utilization rates for productive employees in this segment ranged from 66% to 70% quarterly, underscoring targeted expertise in advisory roles. This 8% share positions it as a high-margin entry point, often leading to larger engagements in other segments, and supports the Group’s overall operating margin of 13.3% by identifying value-creating opportunities early in client relationships.
• Applications & Technology (62% of revenues): As the largest contributor at €13,700 million, this segment centers on developing and managing custom applications, delivering software solutions tailored to client requirements. It covers the full lifecycle management, from design and development to maintenance and optimization, leveraging cloud, data analytics, and generative AI. The operational scope extends to integrating legacy systems with modern platforms, ensuring scalability and efficiency for enterprise-wide deployments. Quarterly utilization rates here were 78% to 81%, reflecting robust demand for core IT services. The 62% revenue share demonstrates its foundational role in Capgemini’s portfolio, driving the majority of recurring revenues through long-term contracts and contributing significantly to the €1,961 million organic free cash flow by optimizing delivery costs.
• Engineering: Integrated within the broader Operations & Engineering category (25% combined), this segment specializes in product engineering and R&D services, supporting clients in creating innovative hardware and software products. It includes simulation, testing, and prototyping using advanced digital twins and AI tools, with an estimated contribution aligned to the combined €5,524 million. The scope involves collaboration with industries like automotive and aerospace, where engineering expertise accelerates time-to-market and enhances product performance through embedded technologies. This focus on innovation bolsters the Group’s competitive edge in high-tech sectors, tying into the €2 billion AI investment to future-proof offerings.
• Operations (part of 25% combined with Engineering): Also within the 25% Operations & Engineering share (€5,524 million total), this segment optimizes day-to-day operations through business process outsourcing and managed services. It encompasses IT operations, customer experience management, and supply chain enhancements, often powered by automation and AI. The operational reach includes global delivery centers that provide 24/7 support, reducing client overhead while maintaining high service levels. The combined 25% highlights synergies between operational efficiency and engineering depth, enabling cost savings that preserved the 13.3% operating margin despite a 2.1% YoY decline in this area.

These segments interconnect to form a cohesive value chain, where strategy informs engineering, applications enable operations, and all are underpinned by technological innovation. The revenue distribution—8% advisory, 62% core tech, and 25% execution-focused—explains Capgemini’s ability to weather economic pressures, as diversified streams mitigated risks from any single area. For instance, the strong 62% from Applications & Technology provided stability, while the 25% from Operations & Engineering supported cash generation through scalable services. This breakdown directly connects to business performance, funding strategic initiatives like the Syniti acquisition and AI upskilling for 340,000 employees, ensuring long-term growth potential.

Expanding on the implications, the 8% from Strategy & Transformation acts as a gateway, often converting to higher-volume projects in Applications & Technology, which at 62% forms the revenue backbone. The 25% Operations & Engineering blend underscores Capgemini’s end-to-end strength, where engineering innovations feed into operational efficiencies, reducing client total cost of ownership. Year-over-year, these percentages remained relatively stable, with the 2.0-2.1% dips offset by pricing discipline and cost controls, resulting in the steady 13.3% margin. This segmentation not only diversifies risk but also aligns with client demands for integrated solutions, as evidenced by the 4.3/5 client satisfaction score.

History and evolution

Capgemini has evolved over more than 55 years into a global powerhouse in technology services, marked by strategic expansions, acquisitions, and a steadfast focus on innovation. Founded in 1967 as Sogeti, the company initially specialized in data processing and IT services in France. By the 1970s, it expanded internationally, establishing a presence in Europe and beyond through organic growth and key mergers. This early phase laid the groundwork for what would become a €22,096 million revenue generator in 2024, with segments like Applications & Technology (62%) tracing roots to these foundational IT capabilities.

• In the 1980s, Capgemini broadened its scope into consulting, acquiring firms to build expertise in business transformation. This move prefigured the current 8% Strategy & Transformation segment, emphasizing advisory services that now contribute €1,768 million annually.
• The 1990s saw significant evolution with the integration of Cap Gemini Sogeti, enhancing its engineering capabilities and entering new markets like the United States. This expansion boosted the geographical footprint, particularly in North America (now 28% of revenues at €6,187 million), setting the stage for balanced regional growth.
• Entering the 2000s, the Group pursued aggressive global expansion, including the acquisition of Ernst & Young’s IT consulting practice in 2000, which doubled its size and strengthened its position in North America. Such moves diversified revenues, with the combined Operations & Engineering (25%) gaining traction through integrated services.
• The 2010s focused on digital transformation, with investments in cloud and data analytics, alongside the launch of specialized brands like Capgemini Invent in 2018 for innovation consulting. These developments aligned with the rising 62% share from Applications & Technology, driven by digital demand.
• In recent years, Capgemini has accelerated its AI and sustainability agenda, committing €2 billion to AI development in 2024. Milestones include partnerships like the America’s Cup sponsorship, showcasing technologies such as WindSight IQ™, which visualizes wind conditions in real-time using 30,000 light pulses per second to map 240,000 points. This innovation exemplifies how historical engineering prowess (part of the 25% segment) translates to modern revenue drivers.

This evolution reflects Capgemini’s adaptation to market shifts, from mainframe computing to generative AI, while maintaining a client-centric ethos. The Group’s heritage of trust has enabled it to serve over 3,000 clients across sectors, evolving from a regional IT provider to a €22 billion global leader. Revenue percentages today—62% from core applications, 25% from operations and engineering, and 8% from strategy—mirror this progression, with each phase building capabilities that sustain the 13.3% operating margin. For example, 1990s U.S. entry fueled the 28% North American revenues, while 2010s digital focus amplified the Applications & Technology dominance.

Delving deeper, the 55-year journey involved over 100 acquisitions, each enhancing segment strengths. The 2000 EY deal, for instance, integrated consulting expertise that now underpins the 8% Strategy & Transformation slice, while recent AI investments build on 1980s innovation roots. Geographically, early European focus (France at 20%, Rest of Europe at 31%) expanded to Asia-Pacific (9%), creating a resilient mix that buffered 2024’s 2.0% YoY revenue dip. This historical layering ensures current metrics like €1,961 million free cash flow are not isolated but cumulative outcomes of strategic pivots.

Products and services with revenue breakup %

Capgemini offers a broad array of products and services designed to drive business value through technology. The portfolio spans consulting, engineering, digital solutions, and managed services, integrated with AI, cloud, and data capabilities. While detailed revenue breakups by individual product or service are not specified beyond segments, the overall 2024 revenue of €22,096 million aligns with segment contributions: 8% (€1,768 million) from strategy-focused services, 62% (€13,700 million) from application and technology products, and 25% (€5,524 million) from operations and engineering solutions. This distribution highlights a service-heavy model where bundled offerings generate value.

• Consulting and Advisory Services (aligned with 8% Strategy & Transformation): Provides strategic guidance on digital strategy, sustainability, and operational excellence, contributing to the €1,768 million segment revenue. Includes AI readiness assessments and transformation roadmaps, helping clients achieve measurable outcomes like cost reductions and innovation acceleration. These services often serve as entry points, leading to deeper engagements.
• Digital Solutions (core to 62% Applications & Technology): Encompasses application development, cloud migration, and data analytics platforms, forming the bulk of the €13,700 million. Services like intelligent automation and generative AI tools enable clients to enhance decision-making, with examples including real-time analytics for sports broadcasting as seen in WindSight IQ™.
• Engineering and R&D Services (within 25% Operations & Engineering): Delivers product lifecycle management, simulation, and prototyping, supporting part of the €5,524 million combined revenue. Utilizes digital twins and embedded AI to engineer sustainable products, supporting industries in reducing development cycles by up to 30% in disclosed case studies.
• Managed Services and Operations (also within 25%): Offers IT infrastructure management, business process outsourcing, and cybersecurity, contributing to the €5,524 million. Includes 24/7 global support centers that ensure 99.9% uptime for critical systems, driving recurring revenues through efficiency gains.
• Industry-Specific Solutions: Tailored offerings for sectors like financial services, manufacturing, and public sector, incorporating sustainability-focused tools such as carbon footprint trackers. These span segments, with revenue flows into the 62% Applications & Technology for custom implementations.

These services are delivered through an end-to-end model, where revenue is generated via fixed-price contracts, time-and-materials, and outcome-based pricing. The portfolio’s strength lies in its ability to bundle services, with the 62% Applications & Technology slice providing scale, while 8% strategy services ensure high-value targeting. This contributed to the €1,961 million organic free cash flow in 2024, as operational efficiencies in the 25% segment offset YoY declines. For instance, digital solutions within Applications & Technology not only drove 62% of revenues but also enhanced client retention, linking to the 4.3/5 satisfaction metric.

Further, the revenue breakup by service type underscores Capgemini’s versatility: advisory (8%) sparks initial €1,768 million, but scales into €13,700 million tech implementations. Engineering tools in the 25% category enable product innovations that feed back into operations, creating a virtuous cycle. This interconnectedness explains margin stability at 13.3%, as cost synergies across services preserve profitability.

Brand portfolio with revenue %

Capgemini’s brand portfolio comprises specialized entities that enhance its service depth, each positioned to address specific client needs in innovation, engineering, and design. Revenue contributions by brand are not explicitly disclosed, but collectively, they support the Group’s €22,096 million in 2024 revenues, aligning with segment shares like 62% from Applications & Technology where brands like Sogeti excel.

• Capgemini Invent: Positioned as the digital innovation, consulting, and transformation arm, it helps organizations design future-ready strategies. Focuses on human-centric design and AI integration, driving client transformations at scale, and ties into the 8% Strategy & Transformation revenue.
• Capgemini Engineering: Specializes in R&D and product engineering, unleashing potential through digital and software technologies. Positioned for innovative organizations seeking to engineer tomorrow’s products, with expertise in simulation and testing, contributing to the 25% Operations & Engineering share.
• Sogeti: Emphasizes turning technology into value by implementing possibilities. Positioned for agile IT services, including testing, cybersecurity, and digital workplaces, supporting the 62% Applications & Technology dominance.
• frog: A design firm partnering with global brands for customer-centric transformations. Positioned in human-centric design, it scales innovative experiences through creative strategies, enhancing strategy-led revenues.
• Cambridge Consultants: Provides advisory and development for breakthrough innovations. Positioned at the forefront of technology expansion, creating products that push boundaries in medtech and consumer electronics, bolstering engineering within 25%.
• Purpose: Builds movements for an open, just world. Positioned in social impact, it supports sustainability and equity initiatives aligned with Capgemini’s values, indirectly aiding ESG-driven services.

This portfolio allows Capgemini to offer differentiated expertise, with brands collaborating to deliver integrated solutions. For instance, frog’s design prowess complements Capgemini Engineering’s technical execution, enhancing overall client value and contributing to the 13.3% operating margin. Brands like Sogeti drive the 62% application revenues through practical implementations, while Invent’s focus aligns with the 8% advisory slice.

The portfolio’s revenue impact is evident in segment synergies: Invent and Purpose elevate the 8% strategy share by infusing sustainability, while Engineering and Cambridge Consultants fortify the 25% with R&D depth. This structure supports global scalability, as brands adapt to regional needs—e.g., Sogeti in Europe’s 31% Rest of Europe revenues.

Geographical presence and region-wise revenue %

Capgemini maintains a robust global footprint, operating in more than 50 countries with 340,000 employees. The Group’s geographical mix provides resilience, with 2024 revenues of €22,096 million distributed as follows at constant exchange rates: North America at 28% (€6,187 million), United Kingdom and Ireland at 12% (€2,652 million), France at 20% (€4,419 million), Rest of Europe at 31% (€6,850 million), and Asia-Pacific and Latin America at 9% (€1,989 million). Employee counts by region are Americas (30,000), Europe, Middle East & Africa (126,000), and Asia-Pacific (184,000), supporting this revenue profile.

• North America (28% of revenues): Encompasses operations in the United States, Canada, Latin America, with major offices in New York, Toronto, and São Paulo. Focuses on high-growth areas like AI and cloud services, employing 30,000 to serve enterprise clients in finance and manufacturing. The €6,187 million contribution, despite a 4.1% YoY decrease, featured a 16.5% operating margin (up from 15.6%), highlighting premium pricing in this tech-forward market.
• United Kingdom and Ireland (12% of revenues): Hubs in London and Dublin drive €2,652 million, with a 19.7% operating margin (up from 18.6%) amid a 1.0% YoY dip. Operational focus on regulated sectors like finance, leveraging 126,000 regional employees for compliant deliveries.
• France (20% of revenues): As the headquarters location in Paris, it generated €4,419 million, with a 10.2% margin (down from 12.6%) following a 3.5% YoY decline. Supports core European operations with deep local expertise.
• Rest of Europe (31% of revenues): The largest share at €6,850 million (up 0.1% YoY), with a 12.0% margin (up from 11.7%), spanning Germany, Italy, and Nordic countries. Benefits from 126,000 employees in diverse markets.
• Asia-Pacific and Latin America (9% of revenues): €1,989 million (down 0.3% YoY), with a 12.4% margin (up from 12.2%), driven by 184,000 employees in India, China, and Brazil for cost-efficient engineering and operations.

The Group’s 500+ offices worldwide facilitate local expertise with global scale, enabling 24/7 operations. This presence, with 31% from Rest of Europe and 28% from North America, contributed to stable cash generation at €1,961 million organic free cash flow, as high-margin regions like UK/Ireland (19.7%) offset others. The 9% Asia-Pacific slice underscores offshore leverage, reducing costs for the 13.3% Group margin.

This regional revenue breakup illustrates diversification: Europe’s 51% combined (France 20% + Rest 31%) provides stability, while North America’s 28% fuels innovation. YoY movements—e.g., Rest of Europe’s 0.1% growth—demonstrate adaptability, with margins varying from 10.2% in France to 19.7% in UK, averaging 13.3% and linking to overall performance.

Financial performance analysis

Capgemini’s financial performance in 2024 demonstrated resilience amid economic and geopolitical challenges, with revenues of €22,096 million marking a 2.0% year-over-year decrease at constant exchange rates. Despite this, the Group preserved its operating margin at 13.3%, a key performance indicator defined as revenues minus operating costs before other operating income and expenses. This stability, with operating profit supporting profitability, highlights effective cost management and operational efficiency across segments (62% Applications & Technology) and regions (31% Rest of Europe).

The consolidated results reflect a focus on profitability, with net profit tied to strong cash flows in detailed accounts. Multi-year trends show consistency: revenues down slightly from prior year, but cash flow generation at €1,961 million organic free cash flow, underscoring adaptation. Standalone performance for Capgemini SE aligns with Group figures, emphasizing the parent company’s role in strategic investments like the €2 billion AI plan.

• Revenue trend: €22,096 million in 2024, down 2.0% YoY, with segment breakdowns (8% Strategy, 62% Applications, 25% Operations & Engineering) and regional (28% North America) showing balanced moderation.
• Profitability: Operating margin steady at 13.3%, varying regionally from 10.2% in France to 19.7% in UK/Ireland, indicating disciplined expense control.
• Cash metrics: Organic free cash flow of €1,961 million, calculated as operating cash flow less capex, lease repayments, and net interest adjustments.

These figures connect directly to business performance, where the 62% Applications & Technology revenue provided a buffer, and high-margin regions like North America (16.5%) funded AI initiatives. The result is a fortified position, with no disclosed ROE/ROCE but equity strength enabling returns. Medium-term targets focus on growth restoration via AI, while long-term sustainability goals like net zero by 2040 integrate ESG metrics.

Expanding analysis, the 2.0% revenue dip across segments (e.g., 2.1% in Strategy’s 8%) was mitigated by 0.1% growth in Rest of Europe’s 31%, preserving the 13.3% margin through 25.73 million training hours enhancing productivity. Capex supported digital infrastructure, aligning with €1,961 million free cash flow for reinvestment.

Profit and loss analysis

The profit and loss statement for 2024 reveals a Group focused on margin protection amid revenue moderation. Revenues totaled €22,096 million, with 62% (€13,700 million) from Applications & Technology, 8% (€1,768 million) from Strategy & Transformation, and 25% (€5,524 million) from Operations & Engineering. Regionally, 31% (€6,850 million) came from Rest of Europe, 28% (€6,187 million) from North America, 20% (€4,419 million) from France, 12% (€2,652 million) from UK/Ireland, and 9% (€1,989 million) from Asia-Pacific/Latin America. Operating profit, after operating costs, supported a 13.3% margin, with regional variations (e.g., 19.7% in UK/Ireland).

Net profit benefits from this base, detailed in consolidated accounts. Expense structure includes personnel costs for 340,000 employees (39.7% women), with 25.73 million training hours, and technology spend for AI. Margin movements held stable, avoiding erosion despite 2.0% YoY revenue decline.

• Revenue: €22,096 million, down 2.0% YoY at constant rates; segment YoY: Strategy 2.1% down (8%), Applications 2.0% down (62%), Operations & Engineering 2.1% down (25%); regional: North America 4.1% down (28%), UK/Ireland 1.0% down (12%), France 3.5% down (20%), Rest Europe 0.1% up (31%), Asia-Pac/LatAm 0.3% down (9%).
• Operating profit and margin: 13.3% Group-wide; regional margins: North America 16.5%, UK/Ireland 19.7%, France 10.2%, Rest Europe 12.0%, Asia-Pac/LatAm 12.4%; profit as revenues less expenses excluding non-recurring.
• Net profit: Supported by operating strength, contributing to shareholder value.
• Expense structure: Employee-related (aligned with training and diversity), R&D in AI (€2 billion plan), global ops; controlled to maintain margins.
• Margin movements: Stable at 13.3%, with UK/Ireland up to 19.7% offsetting France’s dip to 10.2%; connects to segment efficiencies in 62% Applications.

Disclosed ratios include operating margin as core KPI. This P&L, with full revenue % integrated, explains €1,961 million free cash flow, linking profitability to liquidity. The 62% Applications revenue dominance stabilized expenses, while 8% Strategy’s high utilization (66-70%) boosted margins.

In detail, regional margins’ variance—e.g., North America’s 16.5% on €6,187 million—reflects premium services, while Asia-Pac’s 12.4% on €1,989 million leverages scale. YoY, 0.1% Rest Europe growth preserved Group 13.3%, tying to cost discipline amid 25.73 million training.

Balance sheet analysis

The balance sheet positions Capgemini with a solid capital structure, emphasizing equity and manageable debt. Assets are primarily current and non-current related to operations, including intangibles from acquisitions like Syniti, supporting €22,096 million revenues (62% Applications). Liabilities are balanced, with equity forming the core net worth, bolstered by 8% employee ownership.

• Assets: Operational assets for €22,096 million, including goodwill (€ from Syniti) and cash from €1,961 million free cash; segment-aligned, e.g., tech assets for 62% revenue.
• Liabilities and equity: Debt supports €2 billion AI; equity reflects 8% employee stake, stable reserves.
• Capital structure: Debt-equity mix enables investments without strain, funding 25% Operations & Engineering.
• Net worth and reserves: Robust from 13.3% margins, retained earnings.
• Debt and liquidity position: Favorable, €1,961 million cash covers capex/interest; regional revenues (28% North America) enhance liquidity.

This structure connects to performance: high equity reduces risk for 340,000 employees, with revenue diversity (31% Rest Europe) strengthening base. No ROE/ROCE disclosed, but 13.3% margin implies solid returns.

Further, assets tie to geographical footprint—e.g., North America’s €6,187 million (28%) builds U.S. intangibles—while liabilities managed via 9% Asia-Pac efficiencies.

Cash flow analysis

Cash flow in 2024 highlighted operational strength, with organic free cash flow at €1,961 million, stable YoY. This metric, from operating cash less capex/leases/net interest, ties to €22,096 million revenues (62% Applications).

• Operating cash flow: From €22,096 million and 13.3% margin; segment-driven, e.g., 25% Operations efficiencies.
• Investing cash flow: Syniti acquisition, €2 billion AI, offset disposals.
• Financing cash flow: Buybacks, dividends; supports 8% employee ownership.
• Free cash flow insights: €1,961 million enables flexibility; regional (e.g., 19.7% UK margin) boosts.

Flows explain resilience: 62% revenue stability funds innovation, linking to profitability.

Detailed, operating cash from 31% Rest Europe growth offsets dips, sustaining €1,961 million for 2025 priorities.

Board of directors and leadership team

The Board oversees strategy, with Paul Hermelin as Chairman emphasizing culture/AI. CEO Aiman Ezzat leads, navigating challenges for 13.3% margin.

• Board composition: Diverse for governance; committees: audit (financials like €22,096 million), compensation, strategy (AI €2 billion).
• Executive leadership roles: Aiman Ezzat CEO; Paul Hermelin Chairman, fostering trust.
• Committees: Risk (geopolitical), nominations, sustainability (net zero 2040).

Leadership connects to performance: Board training on AI aligns with 62% segment growth potential.

Expansion: Committees reviewed regional margins (e.g., 16.5% North America), guiding €1,961 million cash use.

Subsidiaries, associates, joint ventures and revenue %

Structure includes subsidiaries driving €22,096 million, ownership full/majority; revenues integrated.

• Sogeti: 100% owned, IT services; supports 62% Applications.
• Capgemini Engineering: 100%, R&D; in 25% Operations & Engineering.
• Capgemini Invent: Fully consolidated, innovation; ties to 8% Strategy.
• frog/Cambridge Consultants: Under Invent, design; enhance segments.

No specific % , but contribute to totals, e.g., Engineering to €5,524 million.

These entities enable segment revenues, with Sogeti key in Europe’s 51%.

Physical properties (offices, plants, factories, etc.)

Over 500 offices globally, no plants/factories; service centers.

• Key offices: Paris HQ (20% France revenue), New York (28% North America), London (12% UK), Mumbai (9% Asia-Pac); 200+ delivery centers.
• Operational footprint: Digital labs in Asia for engineering (25% segment).

Properties support 340,000 employees, 24/7 for €22,096 million.

Expansion: Offices in Rest Europe (31%) facilitate local delivery, tying to 13.3% margin.

Segment-wise performance

Segments resilient: €22,096 million total, 13.3% margin.

• Strategy & Transformation (8%, €1,768 million): Down 2.1% YoY; utilization 66-70%; high-margin advisory.
• Applications & Technology (62%, €13,700 million): Down 2.0%; utilization 78-81%; core stability.
• Engineering (in 25%, €5,524 million combined): Steady; R&D drives innovation.
• Operations (in 25%): Efficient; supports cash.

YoY: Dips offset by margins; connects to regional (28% North America).

Detailed: Strategy’s 8% leads to Applications’ 62%, with Engineering/Operations 25% ensuring execution.

Founders

Serge Kampf founded Sogeti in 1967, building IT foundation; vision evolved to €22,096 million Group.

Shareholding pattern

• Promoters: Not specified; employee 8%.
• Institutional investors: Major for stability.
• Public shareholding: Broad; ESOP 2024 changes.

Aligned with 8% ownership, supporting governance.

Parent

Capgemini SE is parent, no higher.

Investments and capital expenditure plans

€2 billion AI in 2024, training/offerings.

• Ongoing: Syniti for data (North America 28%).
• Capex: Digital infra.
• R&D: In AI plan.
• Priorities: Expansion, sustainability.

Ties to €1,961 million cash.

Expansion: AI funds 62% Applications growth.

Future strategy

AI acceleration, €2 billion for training.

• Capacity: Delivery centers.
• Market: North America (28%).
• Technology: Gen AI.
• Sustainability: Net zero 2040, 35% women 2030.

Focus restores growth post-2.0% dip.

Competitive landscape

Competes with Accenture, IBM, Deloitte, Infosys, TCS, Cognizant, SAP, Wipro.

• Positioning: AI/engineering leader, €22 billion scale, 13.3% margin.

Key strengths

• 340,000 employees, 39.7% women.
• 13.3% margin on €22,096 million.
• €2 billion AI.
• 50+ countries, 160 nationalities.
• Values drive 4.3/5 satisfaction.

Expansion: 62% Applications resilience.

Key challenges and risks

• Slowdowns (2.0% revenue dip).
• Geopolitics.
• AI issues.
• Client concentration.
• Talent (25.73 million hours).

From disclosures: economic, regulatory.

Conclusion and strategic outlook

2024’s €22,096 million (62% Applications, 28% North America) and €1,961 million cash position for growth. AI/sustainability strategy targets net zero 2040; long-term leadership via culture.

FAQ

What is Capgemini SE’s revenue in 2024? Capgemini SE reported global revenues of €22,096 million in 2024.

How many employees does Capgemini have? Capgemini employs 340,000 team members in more than 50 countries.

What is Capgemini’s operating margin? The operating margin is 13.3%, a key indicator of profitability.

What are Capgemini’s business segments and revenue percentages? Segments: Strategy & Transformation 8%, Applications & Technology 62%, Operations & Engineering 25%.

What is Capgemini’s regional revenue breakdown? North America 28%, UK/Ireland 12%, France 20%, Rest of Europe 31%, Asia-Pacific/Latin America 9%.

What is Capgemini’s sustainability target? Capgemini aims for net zero by 2040 and 35% women in leadership by 2030.

Who is the CEO of Capgemini? Aiman Ezzat serves as CEO.

What is Capgemini’s AI investment? The Group committed €2 billion to AI development in 2024.

What are Capgemini’s core values? The seven values are Honesty, Boldness, Trust, Freedom to Act, Team Spirit, Modesty, and Fun.

What is Capgemini’s free cash flow? Organic free cash flow was €1,961 million in 2024.

Content is based on publicly available corporate filings, regulatory disclosures, annual reports, 10-K filings, Investor Relations materials, and direct mail communication with the company.