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    Accenture profits rise on strong demand

    Accenture profits rise on strong demand

    Net income for third quarter ended climbed 54 cents per

    Author Date published June 28, 2007 Categories

    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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