Brazil drives record Americas revenues in fiscal Q2, Accenture CFO says

Friday, March 25, 2011

Brazil, together with the US and Canada, drove US consulting and technology services firm Accenture's (NYSE: ACN) Americas revenues to a record US$2.68bn during the fiscal second quarter, ended February 28, Accenture CFO Pamela Craig said during a conference call with investors.

The sales mark represented a 21% increase year-over-year, according to a company statement.

Global sales during the same period increased 17% to US$6.05bn, exceeding previous expectations of US$5.6bn-5.8bn.

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Total bookings for the quarter were US$6.98bn, with consulting bookings reaching US$3.8bn and outsourcing bookings topping off at US$3.18bn.

Net profits increased 22% to US$566mn.

Meanwhile, H1 sales increased 15% to US$12.1bn, and net profits increased nearly 18% to US$1.17bn.

Accenture expects third quarter revenues of US$6.3bn-6.5bn.

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