Cap Gemini projects revenue growth of 14% as clients boost spending

Article Abstract:

Cap Gemini Ernst and Young forecasted that it will post an increase of 14% in its revenues for the 2001 year. The company expects an increase in client spending.

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Cap Gemini gives upbeat forecast

Article Abstract:

Cap Gemini Ernst and Young SA is expecting to post an approximately 14% rise in revenues for the 2001 year. The company said that corporate technology spending continues to be strong in Europe.

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Cap Gemini slashes 2001 sales forecast; shares tumble 23%

Article Abstract:

Cap Gemini Ernst and Young lowered forecasts for its sales and operating margins as its share value fell 23%. The company, which is experiencing a technology spending slowdown in the US and Europe, also said it would layoff 2,700 employees.

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