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Capgemini sets mid-term targets as it bets on AI consulting growth
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Capgemini sets mid-term targets as it bets on AI consulting growth
May 26, 2026 11:07 PM

May 27 (Reuters) - Capgemini unveiled new

medium-term targets on Wednesday, as the French IT group

positions itself as a consultant to help companies implement AI

across industries.

The group targets average yearly revenue growth of 5.5% to

7.5% between 2025 and 2028, and cumulative organic free cash

flow of more than €6 billion ($6.98 billion) from 2026 to 2028.

It also aims to raise its operating profit before acquisition

costs to between 12.1% and 12.3% of revenue by 2028, it said in

a statement.

Capgemini said it was targeting the sprawling work of wiring AI

into how large legacy companies actually run, notably through

its WNS unit. The group will bet on its "in-depth knowledge of

the business challenges of each industry", CEO Aiman Ezzat said

in a statement published ahead of its capital markets day event.

The strategy places Capgemini in a crowded field that

says enterprise AI adoption is too industry-specific to be

solved by off-the-shelf tools, and that the real value of AI

lies in applying it to companies' own data and operations.

French AI pure-play Mistral is targeting industrial clients in

aerospace and automotive sectors with physics-capable AI, while

ad giant Publicis has expanded itself into an AI maker

and IT consultant, explicitly competing with the likes of

Capgemini and Accenture ( ACN ).

($1 = 0.8590 euros)

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