Accenture reports strong second-quarter fiscal 2012 results

Accenture has reported strong financial results for the second quarter of fiscal 2012, with net revenues of $6.8bn, an increase of 12pc in US dollars and 13pc in local currency over the same period last year.

Operating income was $889m, an increase of 15pc, and operating margin was 13.1pc.

New bookings for the quarter were $7.94bin, with consulting bookings of $4.05bn and outsourcing bookings of $3.89bn.

“We are very pleased with our second-quarter performance, which included strong revenue growth in all five operating groups and all three geographic regions,” said Pierre Nanterme, Accenture’s chief executive officer.

“We’re also pleased with our profitability both the growth in EPS and the expansion of operating margin — due to the disciplined management of our business.

“Given our strong results for the first half of fiscal 2012, we’ve raised our outlook for revenue growth and EPS for the year. We continue to invest to further differentiate our industry and technology capabilities and remain focused on gaining market share and driving profitable growth.”