More Reuters Results for: “” * Most Popular * Most Shared 1. Calcium supplements may raise risk of heart attack 29 Jul 2010 2. Second U.S. sailor’s remains found in Afghanistan 29 Jul 2010 3. Special Report: Is immigration a desert mirage for the GOP? 27 Jul 2010 4. WikiLeaks may have blood on its hands, U.S. says | Video 29 Jul 2010 5. Bear kills man, injures two near Yellowstone Park 28 Jul 2010 6. Mexican army kills kingpin in drug war coup 29 Jul 2010 7. Brewer claims world’s strongest beer 29 Jul 2010 8. French mother confesses to killing eight babies | Video 29 Jul 2010 9. Schwarzenegger declares California fiscal emergency 28 Jul 2010 10. Republicans block small business plan in Senate 29 Jul 2010 1. Calcium supplements may raise risk of heart attack 29 Jul 2010 2. Best of European Athletics 29 Jul 2010 3. Drought strikes Russia 29 Jul 2010 4. French mother confesses to killing eight babies | Video 29 Jul 2010 5. Colombiamoda fashion 29 Jul 2010 6. Bear kills man, injures two near Yellowstone Park 28 Jul 2010 7. Frank talk from Cameron shakes up British diplomacy 29 Jul 2010 8. Brewer claims world’s strongest beer 29 Jul 2010 9. UPDATE 2-Zarlink shrs touch yr-high on strong results, outlook 29 Jul 2010 10. Special Report: Is immigration a desert mirage for the GOP? 27 Jul 2010 Broker Center Special Advertising Feature Trade free for 60 days with E*Trade CAPGEMINI: Half-year results

* Confirmed recovery
* Increased net profit
* Strong growth in bookings

PARIS–(Business Wire)–
Regulatory News:

The Board of Directors of Cap Gemini S.A. (Paris:CAP), chaired by Serge Kampf,
convened in Paris on July 28, 2010 to examine and approve the accounts of the
Capgemini group for the first half of 2010. The key figures are as follows:

(in millions of euros) H1 2009 H2 2009 H1 2010 Change vs. Change vs.

H1 2009
H2 2009
Revenues 4,376 3,995 4,211 -3.8% +5.4%
Operating margin (1) 287 308 245
as a % of revenues 6.6% 7.7% 5.8% -0.8 point -1.9 points
Operating profit (2) 167 166 200 +19.8% +20.5%
Group share net profit 78 100 101 +29.5% +1.0%
as a % of revenues 1.8% 2.5% 2.4% +0.6 point -0.1 point
Net cash and cash equivalents at 576 1 269 809 +233 -460

the end of the half-year

Although the impact of the global economic crisis on demand for IT services has
not been entirely erased, the stabilization of the main markets in which the
Group operates is now established and is reflected by steadily improving
activity levels. 2010 first-half revenues fell 3.8% compared to the first half
of 2009 (and even 6.1% like-for-like, i.e. at constant Group structure and
exchange rates) but increased 5.4% (1.8% like-for-like) on the previous
half-year. In the 2nd quarter alone, revenues (€2,159 million) increased 5.2%
(2.0% like-for-like) on the previous quarter.

Booking volumes also confirmed this positive trend, rising 14% like-for-like on
the first half of 2009 (and even 32% in the 2nd quarter alone). Outsourcing
Services recorded the greatest increase in bookings (+37%), thanks to the early
renewal or extension of several major contracts. Bookings for the three other
businesses (Consulting Services, Technology Services and Local Professional
Services) increased 4% for the half-year, accelerating significantly in the 2nd
quarter (+13%). The book-to-bill ratio for these three businesses was 1.17 for
the half-year and 1.28 for the 2nd quarter alone.

Confirming their good match with its clients` requirements, the five new service
offerings(3) launched by the Group at the end of 2009 and the beginning of 2010,
represented 36% of total bookings recorded in the first half of the year.

The operating margin (5.8%) is down on the first six months of 2009 (6.6%), but
operating profit (€200 million) surged nearly 20% on the first half of 2009,
which was affected by particularly high restructuring costs.

After deducting a net financial expense of €38 million and an income tax expense
of €61 million, the Group profit for the period (€101 million) is up nearly 30%
on the first-half of 2009.

Consolidated net cash and cash equivalents total €809 million at June 30, 2010,
down some €460 million on December 31, 2009: this difference is mainly due to
increased working capital requirements – usual at this time of year – the
payment of the dividend (€0.80 per share, or €122 million in total) and the
financing of several small acquisitions for a total net amount of €90 million
(mainly IBX in Sweden and Strategic Systems Solutions, a company dedicated to
the financial services sector and in which the Group has held a minority
interest since the acquisition of Kanbay).

Outlook:

After a particularly tough 2009, the Group prepared itself to face an
environment which remained difficult at the beginning of the year, but which it
expected to improve steadily. First-half results, both in terms of growth and
profitability, confirmed the appropriateness of decisions taken, while the
dynamism of bookings validated the assumption that this improvement will
continue in the second-half, despite ongoing macro-economic concerns and
significant stock market volatility. In this context, Capgemini Group forecasts
revenue growth in the second-half of 2010 of 3 to 5%, like-for-like, on the
second-half of 2009. For the year as a whole, the operating margin rate should
exceed 6.5%.

Paul Hermelin, CEO of the Capgemini group, confirms that “Strengthened by this
above-expectations performance and the marked increase in bookings, the Group
will enjoy a return to growth in the second half of the year. We have now
relaunched a dynamic recruitment policy and will focus particularly on our five
global service lines, in order to satisfy the new expectations of our clients.”

Appendix

Operations by major region:

* France – which remains the Group`s leading “main region” – reported revenues
down 2.7% on the first half of 2009, but up 4.4% on the previous half-year
(second half of 2009), with the operating margin rate almost unchanged at 5.1%.
* Revenues in the United Kingdom/Ireland region dropped by 5.0%, essentially due
to the renegotiation of the terms of a major contract entered into several years
previously. The operating margin rate (7.3%), remains, however, one of the best
in the Group.
* In North America, revenues for the first six months recorded – due to the
termination (scheduled and announced) of a large outsourcing services contract -
a drop of 3.9%. Sogeti (Local Professional Services), enjoyed a marked
improvement, while Technology Services in the financial services sector
experienced a veritable bounce (+30%). The operating margin rate decreased 1
point to 4.3%.
* Benelux, where the crisis was the most acute, recorded a slump in revenues of
12.2% compared to the first half of 2009 but only 2.7% compared to the second
half of 2009, thanks to the stabilisation of operations and signs of recovery
for Technology Services. The restructuring carried out in 2009 enabled an
increase in the operating margin rate of 1.5 points to 9.1%, while operating
profit nearly tripled on the first-half of 2009, increasing from €18 to €51
million.
* The other regions reported revenue growth of 4.0%, with an operating margin
rate of 7.7%.

Operations by business:

* Technology Services recorded a drop in revenues (like-for-like) in line with
that reported by the Group. This was principally due to the pressure on prices
which heavily marked the second half of 2009 and has since decreased.
Nevertheless, activity levels increased by 2.9% between the 1st and 2nd quarters
of the year, announcing a significant improvement for the fiscal year. The
operating margin rate (5.5%) is comparable to that of the Group.
* The drop in Outsourcing Services revenues(-6.3%) can be fully explained by the
reduction in the volume of business under the two contracts referred to above,
while the remaining operations (which were particularly dynamic in North
America) recorded growth of 4.0%. Further, revenues also increased by 2.9%
between the 1st and 2nd quarters of 2010. Thanks to the increasing use of
offshore resources and strict control of costs, these operations maintained
their operating margin rate (6.7%) at first-half 2009 levels.
* Local Professional Services (Sogeti) achieved the Group`s best performance
with a return in the 2nd quarter 2010 to 2nd quarter 2009 activity levels and
reported a drop in revenues finally limited to 4.1% in the half-year and an
operating margin rate down more than 2 points on the first half of 2009.
* As expected, Consulting Services is the business which recorded the greatest
contraction in operations (-9.3%), however, extremely rigorous cost management
enabled it to see an improvement in its margin rate to 11.1%.

Headcount:

On June 30, 2010 the Group`s total headcount was 95,586, an increase of 6%
compared to December 31, 2009, thanks to an extremely dynamic recruitment policy
which brought over 13,000 employees into the Group in the half-year (5,000
employees in the 1st quarter and 8,000 in the 2nd quarter). With 62,717
employees, the Group`s headcount in its traditional countries increased slightly
on December 31, 2009. The strongest growth concerned offshore employees:
principally located in India (26,000 employees at June 30), but also in other
Asian countries, Eastern Europe, Latin America and North Africa, offshore staff
comprises 32,869 employees and represents 34.4% of the Group`s total headcount.

________________________________________________

(1) Operating margin, a key Group performance indicator, is defined as the
difference between revenues and operating costs, these being equal to the cost
of services rendered (expenses incurred during project delivery) plus selling
and general and administrative expenses.

(2) Group operating profit incorporates the charges associated with shares or
options granted to a large number of employees, as well as other non-recurring
income and expenses such as goodwill impairment, capital gains or losses on
disposals, restructuring costs, acquisition and integration costs of recently
acquired companies, as well as the impacts of the curtailment and/or settlement
of defined benefit pension plans.

(3) Capgemini created five global service lines focusing particularly on the
most promising market segments: data management (Business Information
Management) and applications development and maintenance (Application Lifecycle
Services) – two offerings launched at the end of last year -; applications
testing (Testing Services), smart meters and networks (Smart Energy Services),
virtualization and cloud computing (Infostructure Transformation Services)
launched in the 1st quarter of 2010.

Cap Gemini S.A.
Press relations:
Christel Lerouge, +33 1 47 54 50 76
or
Investor relations:
Manuel Chaves d`Oliveira, +33 1 47 54 50 87

Click Here More Reuters Results for: “” * Most Popular * Most Shared 1. Calcium supplements may raise risk of heart attack 29 Jul 2010 2. Second U.S. sailor’s remains found in Afghanistan 29 Jul 2010 3. Mexican army kills kingpin in drug war coup 29 Jul 2010 4. WikiLeaks may have blood on its hands, U.S. says | Video 29 Jul 2010 5. Bear kills man, injures two near Yellowstone Park 28 Jul 2010 6. Schwarzenegger declares California fiscal emergency 28 Jul 2010 7. Republicans block small business plan in Senate 29 Jul 2010 8. Brewer claims world’s strongest beer 29 Jul 2010 9. French mother confesses to killing eight babies | Video 29 Jul 2010 10. Four killed in Air Force plane crash in Alaska 29 Jul 2010 1. Calcium supplements may raise risk of heart attack 29 Jul 2010 2. Colombiamoda fashion 29 Jul 2010 3. French mother confesses to killing eight babies | Video 29 Jul 2010 4. Bear kills man, injures two near Yellowstone Park 28 Jul 2010 5. Frank talk from Cameron shakes up British diplomacy 29 Jul 2010 6. Brewer claims world’s strongest beer 29 Jul 2010 7. UPDATE 2-Zarlink shrs touch yr-high on strong results, outlook 29 Jul 2010 8. Fly naked on Germany’s first nudist holiday flight 29 Jan 2008 9. Mental health experts ask: Will anyone be normal? 27 Jul 2010 10. Heavy rains delay salvage of crashed Pakistan plane 29 Jul 2010 Broker Center Special Advertising Feature Trade free for 60 days with E*Trade Turkish C.Bank ups forex res reqt to 10 pct vs 9.5 pct

July 29 (Reuters) – Turkey’s Central Bank has raised its foreign currency reserve requirement for banks to 10 percent from a previous 9.5 percent, according to the state’s Official Gazette on Thursday.

The lira reserve requirement is maintained at 5 percent, it added.

More Reuters Results for: “” * Most Popular * Most Shared 1. Calcium supplements may raise risk of heart attack 29 Jul 2010 2. Second U.S. sailor’s remains found in Afghanistan 29 Jul 2010 3. Mexican army kills kingpin in drug war coup 29 Jul 2010 4. WikiLeaks may have blood on its hands, U.S. says | Video 29 Jul 2010 5. Bear kills man, injures two near Yellowstone Park 28 Jul 2010 6. Schwarzenegger declares California fiscal emergency 28 Jul 2010 7. Republicans block small business plan in Senate 29 Jul 2010 8. Brewer claims world’s strongest beer 29 Jul 2010 9. French mother confesses to killing eight babies | Video 29 Jul 2010 10. Four killed in Air Force plane crash in Alaska 29 Jul 2010 1. Calcium supplements may raise risk of heart attack 29 Jul 2010 2. Colombiamoda fashion 29 Jul 2010 3. French mother confesses to killing eight babies | Video 29 Jul 2010 4. Bear kills man, injures two near Yellowstone Park 28 Jul 2010 5. Frank talk from Cameron shakes up British diplomacy 29 Jul 2010 6. Brewer claims world’s strongest beer 29 Jul 2010 7. UPDATE 2-Zarlink shrs touch yr-high on strong results, outlook 29 Jul 2010 8. Fly naked on Germany’s first nudist holiday flight 29 Jan 2008 9. Mental health experts ask: Will anyone be normal? 27 Jul 2010 10. Heavy rains delay salvage of crashed Pakistan plane 29 Jul 2010 Broker Center Special Advertising Feature Trade free for 60 days with E*Trade India’s Sun Pharma to meet FY11 rev growth guidance

July 29 (Reuters) – Indian drug maker Sun Pharmaceutical Industries Ltd (SUN.BO) expects to meet its guidance of 18-20 percent revenue growth in 2010/11, Managing Director Dilip Shanghvi said on an analysts call on Thursday. (Reporting by Bharghavi Nagaraju)