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Accenture Reports Strong Fourth-Quarter Results and Full-Year Fiscal 2010 Results

Accenture is a global management consulting, technology services and outsourcing company, with approximately 204,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$21.6 billion for the fiscal year ended Aug. 31, 2010.

Financial Highlights

  • Fourth-quarter revenues increase 5% in U.S. dollars and 8% in local currency, to $5.42 billion; quarterly EPS are $0.66
  • Full-year results include revenues of $21.55 billion, EPS of $2.66, operating margin of 13.5% and strong free cash flow of $2.85 billion
  • New bookings are $6.5 billion for fourth quarter and $25.0 billion for full year
  • Company increases semi-annual cash dividend to $0.45 per share
    For fiscal year 2011, Accenture continues to expect net revenue growth of 7% to 10% in local currency and increases outlook for annual EPS growth to 13% to 16%

http://newsroom.accenture.com/article_download.cfm?article_id=5066 

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Posted by Guru's Pick on Saturday, December 25, 2010 5:17 PM
     
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