Alleged by figures were worse than analysts' forecast amid falling sales and revenues. In addition, Accenture forecast for the current quarter also looks promising.
In the current quarter, the Irish company expects revenue of $ 6.7-7.0 billion, lower than the 7.36 billion dollars expected by analysts. Now Accenture said that faced with a change in the behavior of large customers, who are now planning IT contracts for short-term periods, and refrain from large-scale long-term investment in technology. For the most Accenture and other players in the market of IT consulting it expects the lack of hope for a speedy profit growth.
"We have a number of areas of business where our activity is different from our own expectations, and in some areas it is very difficult to predict anything," - says David Rowland, the new CFO of Accenture.
In reporting third quarter, the company reported net profit of 810.3 million dollars, which is 18% higher than last year's total, which amounted to 689.2 million dollars. Operating revenues totaled $ 1.14 per share, versus the forecast of 1.15 dollars per share.
Now global IT consulting company Accenture in turnover is second only to IBM, which is traditionally known for its adaptability to rapid innovation. However, IBM has shown in the last quarter results below expectations. Accenture's revenue totaled $ 7.2 billion, vs. estimate at 7.43 billion
Accenture Reports Third-Quarter Fiscal 2013 Results: http://newsroom.accenture.com/news/accenture-reports-third-quarter-fiscal-2013-results.htm
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