Accenture sees income fall
Accenture, the world's largest consulting firm, has reported a drop in its revenues and issued a warning of the speed of any recovery in the consultancy market.
Link: Accenture, two years on…
The former consulting arm of Andersen said that its net revenues dropped 2% to $2.9bn in the first quarter of the year and was not expecting to see much growth for its full year results.
Chairman and chief executive Joe Forehand said that the current business climate was ‘difficult’ and the company remained cautious due to an unstable economic and geopolitical climate.
Accenture is targeting full year revenue growth of between zero and 2%.