French consulting and IT services provider Capgemini said on Thursday it expected double-digit revenue growth in 2020 driven by a gradual second-half recovery, crediting diversification for its resilience during the coronavirus crisis. The company said it planned to reach revenue growth at constant exchange rates of between 12.5% and 14.0% this year. "We set objectives for 2020 that illustrate the resilience of our revenues, profitability and organic free cash flow," Chief Executive Officer Aiman Ezzat said in a statement. Capgemini said the sector and geographic diversification of the client base developed in recent years have reinforced the resilience of its business. The group, however, warned that a sharp deterioration in health conditions or the economic environment in the coming months could undermine the attainment of its objectives. In July, Ezzat said the French group expected "a gradual recovery" in t...
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