Revenues in billions of euros
Capgemini reported revenues of €22,096 million in 2024, down 1.9% year-on-year. Constant currency growth was -2.0%, at the top end of the outlook as revised in October 2024. Organic growth (i.e., excluding the impact of currency fluctuations and changes in Group scope) was -2.4%. After bottoming out in Q1, revenue trends gradually improved through the year with a revenue decline limited to -1.1% at constant currency and -1.5% organically in Q4.
Operating margin (1) in millions of euros
The operating margin was stable at 13.3% of revenues, or €2,934 million, in line with the operating margin target set for 2024.
Organic free cash flow (2) in millions of euros
Organic free cash flow generation totaled €1,961 million, in line with the 2024 target and the previous year, despite lower revenues.
Normalized earnings per share in euros
Normalized net profit is equal to profit for the year (Group share) adjusted for the impact of items recognized in “Other operating income and expense,” net of tax calculated using the effective tax rate. Normalized earnings per share is computed like basic earnings per share, i.e., excluding dilution.