Steady Advancements and Tactical Growth in Q3 of 2017

Steady Advancements and Technological Advancements Mark Q3 2017

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2025 September 15 . 1:39 PM

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Energetic Advancements and Tactical Gains in Q3 of 2017

Steady Advancements and Tactical Growth in Q3 of 2017

Accenture, the second-ranked company in the Great Place to Work® - World's Best Workplaces 2017, has reported its financial results for Q3 2017. The company's revenue growth trend in September and October was slightly above Q3 2017, showing a positive momentum.

In Q3 2017, the company reported a 6% organic and trading days adjusted revenue growth. This growth was achieved despite the one-time, non-cash charge of EUR 129 million due to the streamlining of its brand portfolio.

Alain Dehaze, the Group Chief Executive Officer, led the company through this period. Under his leadership, the company launched a new online freelancer platform, YOSS, co-created with Microsoft in Q3 2017.

The financial reporting for Q3 2017 used non-US GAAP measures such as organic growth, EBITA, net debt, and net debt to EBITDA excluding one-offs. The net debt, a measure that comprises short-term and long-term debt, less cash and cash equivalents, and short-term investments, stood at a healthy level. The net debt to EBITDA excluding one-offs was 0.8x. EBITA, a measure that refers to operating income before amortization and impairment of goodwill and intangible assets, reported a margin of 5.4%.

The company's efforts to improve productivity resulted in a 2% increase in FTE employees organically. This growth was achieved without any significant acquisitions or divestitures, as organic growth, a measure that excludes the impact of currency, acquisitions, and divestitures, was the focus.

Net income attributable to group shareholders was EUR 123 million. The company's financial performance in Q3 2017 sets a strong foundation for the future, with the company's co-designed online freelancer marketplace, YOSS, poised to contribute to its continued success.