Accenture profits rise on strong demand

Global consulting group Accenture Ltd
has revealed a healthy rise in quarterly profits which it attributed to strong
demand for its consulting services.

Net income for the third quarter ended 31 May climbed to $345.4m (£170m), or
54 cents per share, from $342.3m, Revenue excluding reimbursements to clients
advanced to $5.08bn (£2.5bn) from $4.41bn (£2.7bn).

Consulting bookings, an indicator of future revenue, rose to a quarterly
record of $3.5bn in the most recently completed quarter. Outsourcing bookings
were $2.72 billion.

Further reading:

Consultants ‘are worried about Big Four’

Profile: David Thomlinson, MD of Accenture

Accenture clings on to HMRC ties

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