Due to the consolidation of Altran on April 1, 2020, Capgemini reported revenue of €18,160 million (+14.6%). Capgemini expects salary inflation and the cost of returning to work to crimp its operating margin this year.
Capgemini had 324,700 employees as of December 31, 2021. This 20% year-on-year increase highlights the group's ability to attract talent to fuel its business growth. In 2022, the company expects an operating profit of 12.9-13.1 percent and revenue growth of 8-10 percent. Capgemini reported a 12.9% operating profit on revenue of 18.16 billion euros ($20.52 billion), up 15.1% in constant currency. Capgemini's Chief Executive Aiman Ezzat warned salary inflation and increased travel costs will limit margin improvement. A robust recovery in Group client discretionary expenditure drove a 27.0% increase in Strategy & Transformation consulting services (7 percent of Group sales). Total revenues for Applications & Technology Services (62 percent of Group revenues and Capgemini's core business) rose 13.1%. Total revenues for Operations & Engineering (31%) increased by 18.5% with the acquisition of Altran and the sale of Odigo. In 2021, all Group regions grew by 10%. North American revenues (29%) increased by 12.0%, driven by the TMT (Telecom, Media, and Technology), Consumer Goods, and Manufacturing sectors. The UK and Ireland region (11 percent of Group revenues) had an exceptional year, growing revenue by 18.3%. This performance was headed by the Public Sector, which remained active throughout the year, and the Financial Services sector's late-year resurgence. The Manufacturing sector, and to a lesser extent, the Services and Consumer Goods sectors, drove France's revenue rise (+10.3%). This growth was driven by a strong resurgence in the Manufacturing sector (31 percent of Group revenues). The TMT and Consumer Goods sectors also recovered. Asia-Pacific and Latin America revenues (+27.3%) grew due to Group acquisitions in Asia-Pacific and Latin America.