Capgemini’s Strategic Focus on Generative and Agentic AI Cushions Revenue Dip in H1 2025

 

Capgemini’s Strategic Focus on Generative and Agentic AI Cushions Revenue Dip in H1 2025

Capgemini has reported a modest revenue decline of 0.3% year-on-year in the first half of 2025, bringing in €11,107 million, but the company’s accelerated adoption of generative and agentic AI continues to mitigate the impact of reduced discretionary IT spending. CEO Aiman Ezzat emphasized the Group’s evolving strategy and future readiness, stating, “We’ve built a strong pipeline in generative and agentic AI, which accounted for more than 7% of Group bookings in Q2.”

The Group’s AI-first strategy has taken tangible shape through the launch of the Resonance AI Framework and strategic alliances with Mistral AI and SAP. These initiatives underscore Capgemini’s commitment to delivering intelligent, scalable, and next-gen digital solutions across industries. Strong traction continues in cloud services, data & AI, and digital core transformation.

Despite revenue softness, bookings climbed to €11,993 million, reflecting a book-to-bill ratio of 1.08, an indicator of future revenue stability. However, net profit declined 13% to €724 million, reflecting broader economic pressures and investments in new capabilities.

A key highlight of H1 2025 was Capgemini’s acquisition of WNS, a strategic move that strengthens its position in intelligent operations and enhances its delivery capabilities in agentic AI-enabled services. This acquisition is expected to support the Group’s efforts to build more automated, insight-driven operational models for clients worldwide.

Regionally, Asia-Pacific and Latin America led the performance with 8.7% growth, whereas Europe continued to face macroeconomic challenges, impacting overall business momentum in the region.

Looking ahead, Capgemini remains confident in its operational strength and strategic direction. The company has retained its operating margin forecast of 13.3%–13.5% and anticipates generating approximately €1.9 billion in organic free cash flow in 2025.

The company’s ongoing transformation highlights its proactive approach to digital disruption, with AI and automation increasingly integrated across all services to drive client value and future growth.

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