CGI profits up slightly to 426.9 million

(Montreal) The net profit of Quebec company CGI increased by 1.8% in the second quarter of 2024 compared to the corresponding period of the previous fiscal year, going from 419.4 million to 426.9 million.


Earnings per share thus increased by 4% to go from $1.76 to $1.83.

As for revenues, they remained relatively stable, amounting to 3.74 billion.

The Montreal-headquartered information technology consulting services company added that new contracts totaled $3.75 billion in the second quarter, down $85 million from the previous quarter. last year.

As of March 31, CGI’s order book totaled $26.8 billion.

In a press release, the company’s president and CEO, George Schindler, highlighted that the company’s results during the second quarter were positive, especially in a context of financial uncertainty which still hangs over certain sectors. activity of its customers.

Company cited in this dispatch: CGI (TSX: GIB. A)


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