Capgemini lifts revenue forecast after reporting 3% organic growth for Q3

(Reuters) -French IT consulting firm Capgemini said its third-quarter revenue increased by 2.9% organically and raised its growth forecast on Tuesday, citing solid demand for AI solutions and strong performance in North America.  The company raised its revenue growth guidance to between 2% and 2.5% in constant currency terms, after having narrowed it to between -1% and +1% at the end of the second quarter. It also narrowed its annual operating margin forecast to between 13.3% and 13.4%, from 13.3% to 13.5% previously. Capgemini, which provides services ranging from cloud to artificial intelligence and data across many industries, reported third-quarter revenue of 5.39 billion euros and quarterly order bookings of 5.16 billion euros. Its headcount was at 354,700 at the end of September, up 4.7% from a year earlier. ($1 = 0.8575 euros) (Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)

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