Revenue Growth
CGI delivered $4 billion in revenue, up 7.6% year-over-year or 3.3% excluding foreign exchange impacts, driven by recent business acquisitions.
Strong Book-to-Bill Ratio
Bookings were $4.5 billion for a book-to-bill ratio of 112%, with North America at 124% and Europe at 101%.
Successful Acquisitions
Completed three acquisitions in Q2: BJSS, Novatec, and Momentum Technologies, expanding presence in the UK, Germany, Spain, and Quebec City.
Managed Services Growth
Managed services bookings exceeded $5 billion, up 21% year-over-year, indicating strong demand for cost-saving solutions.
Solid Cash Generation
Generated $438 million in cash from operations, representing 11% of total revenue.