Capgemini SE (CGEMY) Q4 2025 Earnings Call Transcript
Summarize this article with:
SA Transcripts158.38K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Capgemini SE (CGEMY) Q4 2025 Earnings Call February 13, 2026 2:00 AM EST Company Participants Aiman Ezzat - CEO, Member of Group Executive Board & DirectorNivedita Bhagat - Group CFO & Member of Executive Board Conference Call Participants Laurent Daure - Kepler Cheuvreux, Research DivisionNicolas David - ODDO BHF Corporate & Markets, Research DivisionSven Merkt - Barclays Bank PLC, Research DivisionFrederic Boulan - BofA Securities, Research DivisionMohammed Moawalla - Goldman Sachs Group, Inc., Research DivisionMichael Briest - UBS Investment Bank, Research DivisionBalajee Tirupati - Citigroup Inc., Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the Capgemini Full Year 2025 Results Webcast and Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Aiman Ezzat, CEO. Sir, Please go ahead. Aiman EzzatCEO, Member of Group Executive Board & Director Thank you. Good morning. Thank you for joining us for the Full year 2025 results call, and I'm joined, of course, by our CFO, Nive Bhagat. So Capgemini delivered a solid set of results for 2025. Operating margin and organic free cash flow were on target and revenue growth finished above the upgraded guidance. In a demand environment that remained largely unchanged, our underlying performance strengthened quarter after quarter with momentum improving across regions, businesses and sectors. We won where clients invest in cloud, data and AI and digital business process services. We captured where it matters most to clients, the large transformation programs. For the year, revenues were EUR 22.46 billion, representing 3.4% growth at constant currency with around 2.5 points of scope impact. Bookings were EUR 24.36 billion, which represents a solid 1.08 book-to-bill for the year and a strong 1.21 in Q4, which is really an evidence of sustained