Capgemini reports 7% first-quarter revenue growth at constant exchange rates, with generative and agentic AI now accounting for more than 10% of group bookings

Revenue rose to 5.9 billion euros ($6.88 billion) in the quarter, with bookings increasing 6.2% year-on-year to 6 billion euros. North America grew 20.7% at constant exchange rates to 1.7 billion euros, driven by the recently acquired AI unit WNS.

Generative and agentic AI (machine learning systems that can understand tasks and act autonomously) now account for more than 10% of group bookings. CEO Aiman Ezzat cited Capgemini's global reach and deeper partnerships with U.S. tech firms, including Google and a new 'Frontier Alliance' with OpenAI, as key drivers of growth.

Group headcount stood at 421,000 at end-March, up 23% year-on-year, reflecting the integration of WNS. Capgemini confirmed its target of revenue growth around 6.5% to 8.5%.