Accenture hits 19.7B for 2007 revenues

Accenture has finished off an exceptional year in terms of revenue growth, total revenue for the year was $19.7B, with growth of 13% in local currenciews and 18% in US$. All geogaphies, operating groups (industries), and business groups, ie consulting and outsourcing all experienced double digit growth in US$ terms. This is a very strong perfomance, and puts Accenture in such a strong position to leverage increasing market opportunities.

Some other key benchmarks

EMEA is still larger than the US

AP hit $1,7B, with 33% growth in US$ terms

Consulting out grew outsouring

Profitability was very strong

Overall these are impressive numbers and have highlighted the strength and depth of client engagement that Accenture is currently providing. The real task at hand is to manage expectations, and the required investments in people and process  as well as to continue a very strong benchmark.

Bottom line they are certain to be the next vendor to hit $20B in revenues, and are closing in on EDS who are growing, but at a more modest 5% per annum.

28. September 2007 09:43 by Phil | Comments (0) | Permalink

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