(Montreal) Information technology firm CGI reports increases in profits and revenues in the fourth quarter of the current financial year compared to the corresponding period of 2022.
Net profit increased in one year by 14.4%, to 414.5 million, while excluding specific items, it increased by 12.9%, to 421.2 million.
Revenue of $3.51 billion in the fourth quarter was an increase of 8% or 2.2% in constant currencies from last year.
The order book is estimated by the Montreal-based company at 26.06 billion.
For the full year 2023, CGI’s net profit was $1.63 billion, up 11.3% from 2022, while revenue grew 11.1%. , at 14.3 billion.
Company cited in this report: CGI (TSX: GIB. A)
