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Accenture | 10-K: FY2024 Annual Report

SEC ·  Oct 10 06:49

Summary by Moomoo AI

Accenture, a leading global professional services company, reported its fiscal 2024 financial results with revenues of $64.9 billion, marking a 1% increase in U.S. dollars and 2% in local currency compared to the previous fiscal year. The company's operating margin improved to 14.8%, up from 13.7% in fiscal 2023, with adjusted operating margin slightly increasing to 15.5% from 15.4%. Diluted earnings per share rose by 6% to $11.44, and adjusted earnings per share saw a 2% increase to $11.95. Accenture returned $7.8 billion to shareholders, including $4.5 billion in share purchases and $3.2 billion in dividends. The company's new bookings totaled $81.2 billion, a significant 13% increase in U.S. dollars and 14% in local currency. Accenture's business development was highlighted by its global presence, with major offices in key business centers worldwide and operations...Show More
Accenture, a leading global professional services company, reported its fiscal 2024 financial results with revenues of $64.9 billion, marking a 1% increase in U.S. dollars and 2% in local currency compared to the previous fiscal year. The company's operating margin improved to 14.8%, up from 13.7% in fiscal 2023, with adjusted operating margin slightly increasing to 15.5% from 15.4%. Diluted earnings per share rose by 6% to $11.44, and adjusted earnings per share saw a 2% increase to $11.95. Accenture returned $7.8 billion to shareholders, including $4.5 billion in share purchases and $3.2 billion in dividends. The company's new bookings totaled $81.2 billion, a significant 13% increase in U.S. dollars and 14% in local currency. Accenture's business development was highlighted by its global presence, with major offices in key business centers worldwide and operations in over 200 cities across 52 countries. The company's focus on cybersecurity was evident, with a comprehensive management program and regular updates to the Board on cybersecurity matters. The company's Chief Information Security Officer (CISO), who joined Accenture in 1995 and was appointed in 2020, leads a team of over 800 cybersecurity professionals.Looking ahead, Accenture plans to continue its growth trajectory by leveraging its strengths in technology, cloud, data, and AI, combined with industry experience and global delivery capabilities. The company aims to help organizations build their digital core, optimize operations, and accelerate revenue growth. Accenture also anticipates declaring additional quarterly dividends in the upcoming fiscal year, subject to Board approval.
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