Capgemini SE: Capgemini Press Release// Growth momentum stronger than anticipated in Q1 2021
florence.lievre@capgemini.com
vincent.biraud@capgemini.com
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1 - Capgemini Group reported Q1 2021 revenues of €4,271 million, up 24.2% year-on-year at constant exchange rates
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Group momentum continued to improve in Q1 2021, with annual growth rates higher than in Q4 2020. With a return to growth at constant scope and exchange rates in Q1, at +1.7%, Group revenues are already up on pre-crisis levels.
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Coface SA: Coface records a good start to the year with a net income of €56.4m
Coface records a good start to the year with a net income of €56.4m
Turnover: €378m, up 4.2% at constant FX and perimeter
Trade credit insurance growing by 6.1% at constant FX benefiting from stabilising client activity
Client retention close to record highs; positive price effect (+2.9%)
Business Information continues to grow (+9% at constant FX)
Factoring and debt collection down on lower volumes
Net loss ratio at 24
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Gross loss ratio at 29.5%, an improvement by 25.7 ppts; low level of claims worldwide
Net cost ratio down by 1.5 ppt to 28.3%, thanks to strict cost discipline and revenue growth
Press release content from Business Wire. The AP news staff was not involved in its creation.
Technip Energies Q1 2021 Financial Results
April 22, 2021 GMT
Regulatory News:
Technip Energies (Paris:TE) (ISIN:NL0014559478) (the “Company”), a leading Engineering & Technology company for the Energy Transition, today announces its first quarter unaudited 2021 financial results.
Arnaud Pieton, CEO of Technip Energies, on Q1 2021 results and outlook:
“The successful creation of Technip Energies took place on February 16, 2021. For the 15,000 people of our new company, this was a proud moment, which has further energized our workforce to deliver on our ambition – to be the reference investment platform for the Energy Transition.”
Interim report Q1 2021
Revenues amounted to MSEK 713.0 (793.6), corresponding to a decrease of -10% for the period. Revenues amounted to MSEK 713.0 ( 793.6), corresponding to a decrease of -10% for the period.
The organic growth during the first quarter was -16%. The currency impact in the quarter was -1% while the acquisitions of the product portfolios Proct from Leo Pharma and Pevaryl from Johnson & Johnson generated growth of +7%.
EBIT (Operating Profit) amounted to MSEK 128.1 (104.1), corresponding to growth of 23%.
EBITDA amounted to MSEK 259.8 (209.3) corresponding to growth of 24%.
The gross margin, defined as gross profit divided by revenues, was 60.9% (53.9%) for the quarter. The margin was affected positively by the acquired product portfolios, the divested Hospital Supply business and by realized synergies in production and distribution of products.
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