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Accenture: raises FY targets

(CercleFinance.com) - On publishing its quarterly results, Accenture has raised its FY guidance, now expecting adjusted EPS of 8.
02-8.25 dollars and sales growth of 4%-6% in local currency.

The Group has announced Q1 2020-21 adjusted EPS that is up 8% at 2.17 dollars, exceeding analysts' average estimate, with a 50-bp improvement in its operating margin to 16.1%.

The consulting and outsourcing services giant saw its revenue grow by 4% to 11.8 billion dollars (+2% in local currency), exceeding its own forecasts, despite the negative impact of reimbursable travel costs.


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