BTS Group: Better than expected by Accenture - ABG

Accenture Q1'25 grew 8% (+3% vs cons), driven by a broad base
Raises FY guidance from 3-6% growth to 4-7%
Positive read-across and correlation with BTS over time


A strong quarter for Accenture

Accenture reported its Q1’25 yesterday with raised FY guidance (from 3-6% to 4-7% growth) and stock +7% in after-market. Q1 showed broad-based revenue growth across both consulting and managed services revenues, as well as regional and end market growth. Q1 sales grew 8% y-o-y in local currency (+3% vs cons), with Americas growing strongest (11% y-o-y in local currency). This is a clear improvement over preceding quarters, and as Accenture raised its outlook, it looks promising for coming quarters.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/bts-group/Equity-research/2024/12/bts-group---better-than-expected-by-accenture/