Stanbic Bank Kenya’s Post

Local businesses - do you employ people with families? Of course you do! I highly recommend registering for this United Way session on the economic stability of employees in the region to gain insight into the workforce comprised of working families and how you might better retain employees.

#STC's impressive Q2-2024 financial results reflect strong growth and promise a prosperous future. With over 22,000 talented individuals, our team embodies creativity and excellence. We strive to be a global leader in the digital and telecom industry, driving innovation and economic growth. Q2-2024 revenues increased by SAR 828m, mainly due to a 0.1% increase in stc KSA's revenues driven by a 5.3% increase in commercial unit revenues and Subsidiaries' revenues also increased by 13.9%. EBITDA for the second quarter was SAR 6,415m, a 10.20% increase compared to the same quarter last year.This significant increase in EBITDA is a positive indicator of the company's operational efficiency and strategic decision-making, which ultimately contributes to its overall success and sustainability in the market. stc #saudivision2030 #Proudmoment

Another record performance for #capgemini with UKI region leading the charge! At constant exchange rates, the United Kingdom and Ireland region (12% of Group revenues) maintained a robust momentum in 2023 with revenues growing +7.9%. The operating margin reached a record level of 18.6% compared with 18.0% in 2022.

Doing well + Doing good=#CapgeminiProud Today we announced our 2023 results, another record performance for the Capgemini Group. Delivering solid performance on all financial parameters: revenue growth of 4.4% in constant currency, operating margin improvement of 4%, increased bookings and free cash flow, against the backdrop of a difficult economic environment, is a testament to the commitment of our 340,000 colleagues and the strength of our leadership teams. Alongside these strong financial results, we continue to deliver on our commitment to people, planet and society. This is evidenced in the increase in learning hours per employee, the significant increase in representation of women in our workforce as well as in executive leadership positions, and in the 30% reduction in the Group's absolute carbon emissions against the 2019 baseline. The work we do to help our clients address their sustainability ambitions continues to gain momentum. And finally, it is with pride and humility that we address the digital divide, positively benefitting ~4.4 mission individuals through our digital inclusion initiatives since 2018. Aiman Ezzat Cyril Garcia Anne Lebel Dr James Robey Vincent Charpiot Karine VASSELIN Lucie TAURINES ♠ Ashwin Yardi Kumar Anurag Pratap Pratibha Sharma Annie Hughes Isaac Smadja

It's great to see not only good financial results by Capgemini in 2023 but also great results of the ESG KPIs, including lower carbon emissions (scope 1,2 and 3), more renewable energy share, women in leadership positions and employees development. #getthefutureyouwant

Revenue of $184 million. Gross profit of $95 million. Adjusted gross profit of $97 million up 4% YoY; and an Adjusted gross margin of 52% of revenue, a 570 bps improvement. SG&A of $54 million. Reduced Adjusted SG&A by 14% YoY to $53 million, or 29% of revenue. Net loss of ($51 million) which includes a one-time $61 million charge in the quarter related to the Company’s new tax position, as further described below. Adjusted EBITDA of $54 million, up 33% YoY; and Adjusted EBITDA margin of 29%, an 880 bps improvement. Operating cash flow of $17 million and Free Cash Flow of $11 million. Retained the No. 1 share position in Illinois, Pennsylvania and Massachusetts.

📣 Our 2024 Q1 financial results are in. We remain on track to achieve the midpoint of our 2024 financial guidance. Read more: https://oneg.as/3UzbN9E

Another record year for the Capgemini Group, closing 2023 with +4.4% Rev growth, despite a slowdown in the Industry. Incredibly proud of the MALS_TMTS UK MU team, achieving a huge +13.1% year on year Rev growth, an excellent year under difficult market conditions. Well done all !! You can read more about our Group FY 2023 Results in the link below. #CapgeminiUK #GetTheFutureYouWant

𝗜𝗻 𝗮 𝗿𝗮𝗽𝗶𝗱𝗹𝘆 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲, 𝘄𝗵𝘆 𝘀𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂𝗿 𝗰𝗮𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗯𝗿𝗼𝘂𝗴𝗵𝘁 𝗯𝘆 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗗𝘂𝘁𝘆? Join Ruth and JJ as they recap the key insights & takeaways from our recent webinar, 𝘈𝘣𝘰𝘷𝘦 & 𝘉𝘦𝘺𝘰𝘯𝘥 𝘠𝘰𝘶𝘳 𝘊𝘰𝘯𝘴𝘶𝘮𝘦𝘳 𝘋𝘶𝘵𝘺. If you missed it then watch it here - https://bit.ly/3ND4ZoF You can also download your copy of our opinion paper: https://bit.ly/3XWuWUR

3 Key Takeaways from Capgemini's 2023 Performance: Solid performance despite a challenging industry: Capgemini achieved another record year in 2023, showcasing strong positioning, agility, and resilience even amidst a slowdown in the tech sector. Key financial metrics like revenue and profitability demonstrate healthy growth. Strategic focus on digital and sustainable solutions: The company continues to invest heavily in building capabilities and solutions that help clients navigate the digital and sustainable transformation journey. Our leadership in generative AI #genAI and focus on sustainability offerings are noteworthy examples. Positive outlook for 2024: Capgemini expects continued growth, operating margin improvement, and strong cash flow in 2024. While anticipating a challenging first half, we remain confident in our ability to deliver despite a potentially soft overall environment. #lifeatcapgemini #getthefutureyouwant Manoj KHERA Paramita Gupta