Summary
Accenture plc reported solid financial performance for the second quarter and first half of fiscal year 2015, demonstrating continued revenue growth and profitability. Net revenues increased by 5% in U.S. dollars and 12% in local currency for the second quarter, and 6% in U.S. dollars and 11% in local currency for the six-month period, reflecting strong demand across most of its business segments. The company saw particular strength in its consulting and outsourcing services, driven by client focus on cost savings, operational efficiency, and digital transformation initiatives. Despite a challenging foreign currency environment that impacted reported U.S. dollar figures, Accenture maintained operating margins and achieved growth in diluted earnings per share. The company's strategic investments in digital services and cloud computing continue to pay off, contributing to robust demand. Accenture also actively managed its capital through share repurchases and dividends, reflecting a commitment to shareholder returns while maintaining sufficient liquidity for future operations and investments.
Financial Highlights
53 data points| Revenue | $7.93B |
| Cost of Revenue | $5.69B |
| Gross Profit | $2.24B |
| Operating Expenses | $6.91B |
| Operating Income | $1.02B |
| Interest Expense | $3.90M |
| Net Income | $690.73M |
| EPS (Basic) | $1.10 |
| EPS (Diluted) | $1.08 |
| Shares Outstanding (Basic) | 628.25M |
| Shares Outstanding (Diluted) | 679.17M |
Key Highlights
- 1Net revenues grew 5% in U.S. dollars (12% in local currency) for Q2 FY15 and 6% in U.S. dollars (11% in local currency) for the first six months of FY15, demonstrating consistent demand.
- 2Operating income increased by 7% year-over-year for Q2 FY15 and 8% for the first six months of FY15, indicating effective operational management.
- 3Diluted earnings per share (EPS) rose to $1.08 for Q2 FY15 and $2.37 for the first six months of FY15, up from $1.03 and $2.18 respectively in the prior year, showing improved profitability on a per-share basis.
- 4Strong growth was observed across key operating groups, with Communications, Media & Technology, Health & Public Service, and Products showing particularly robust local currency revenue increases.
- 5The company repurchased shares totaling $1.27 billion during the first six months of FY15, underscoring its commitment to returning capital to shareholders.
- 6Despite unfavorable currency fluctuations, which reduced reported U.S. dollar growth by approximately 7% for Q2 and 5% for the six-month period, the company's local currency growth remained strong.
- 7Accenture acquired Agilex Technologies, Inc. on March 25, 2015, to enhance its digital capabilities for the U.S. federal government, signaling strategic investment in growth areas.