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CGI Inc T.GIB.A

Alternate Symbol(s):  GIB

CGI Inc. is a Canada-based information technology (IT) and business consulting services firm. The Company delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. Its segments include Western and Southern Europe (primarily France, Spain and Portugal); United States (U.S.) Commercial and State Government; Canada; U.S. Federal; Scandinavia and Central Europe (Germany, Sweden and Norway); United Kingdom (U.K.) and Australia; Finland, Poland and Baltics; Northwest and Central-East Europe (primarily Netherlands, Denmark and Czech Republic); and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). The Company also specializes in digital transformation, data analytics and managed services in Miami. The Company works with clients through a local relationship model complemented by a global delivery network.


TSX:GIB.A - Post by User

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Post by Betteryear2on Apr 27, 2022 8:18pm
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Post# 34637439

CGI reports strong second quarter Fiscal 2022 results

CGI reports strong second quarter Fiscal 2022 results

Revenue up 10.0% in constant currency and EPS up 14.2%, both year-over-year

Q2-F2022 performance highlights1

  • Revenue of $3.27 billion, up 6.2% year-over-year or 10.0% year-over-year in constant currency;
  • Adjusted EBIT of $523.6 million, up 7.7% year-over-year;
  • Adjusted EBIT margin improved by 20 basis points year-over-year to 16.0%;
  • Net earnings of $372.0 million, for a margin of 11.4%, up 30 basis points year-over-year;
  • Diluted EPS of $1.53, up 14.2% year-over-year;
  • Net earnings excluding specific items* of $374.1 million, for a margin of 11.4%, up 30 basis points year-over-year;
  • Diluted EPS excluding specific items* of $1.53, up 13.3% year-over-year;
  • Cash from operating activities of $472.6 million, representing 14.5% of revenue;
  • Bookings of $3.32 billion, for a book-to-bill ratio of 101.4%;
  • Backlog of $23.14 billion or 1.9x annual revenue.
 

*Specific items in Q2-F2022 include: $2.1 million in acquisition-related and integration costs, net of tax; Specific items in Q2-F2021 include: $0.6 million in acquisition-related and integration costs, net of tax.

   
 

Note: All figures in Canadian dollars. Q2-F2022 MD&A, interim condensed consolidated financial statements and accompanying notes can be found at cgi.com/investors and have been filed with both SEDAR in Canada and EDGAR in the U.S.

MONTRALApril 27, 2022 /CNW Telbec/ - CGI (TSX: GIB.A) (NYSE: GIB)

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