FILE PHOTO: A Capgemini logo is seen at the company's office in Nantes, France, February 13, 2024. REUTERS/Stephane Mahe/File Photo
(Reuters) - French IT consulting firm Capgemini reported a 2% drop in its annual constant currency sales on Tuesday, but narrowly beat market expectations, helped by sustained demand for its cloud and AI services.
However, its shares fell 7.7% by 0825 GMT. Analysts at J.P.Morgan said in a note to clients that the 2025 outlook was "slightly less optimistic" than previously estimated.
