Capgemini reports a 13% drop in net profit despite stable revenue, announces €2B share buyback.

Capgemini, a major IT services firm, reported a 13% drop in net profit to €724 million for the first half of 2025, despite stable revenue and operating margins. Revenue fell 0.3% to €11.1 billion, but rose 0.2% at constant exchange rates. The company's outlook for 2025 is now between -1% and +1% revenue growth, with an unchanged target of 13.3-13.5% operating margin. Capgemini also announced a €2 billion share buyback program.