NEWS FROM THE STANDARD |
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International News Briefs
May 22 2000 12:00 AM PDT
PROFILE |
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A leading provider of information technology services in North America, CGI Group is growing by leaps and bounds. The acquisitive company's services include outsourcing (nearly two-thirds of sales), consulting, and systems integration. CGI serves clients in the telecommunications (about 45% of sales), financial services, manufacturing, and other industries. Bell Canada holding company BCE, which owns 44% of CGI, accounts for about 40% of sales. Other customers include Aliant, AXA Canada, and Bridgestone/Firestone. Although Canada accounts for nearly 75% of sales, CGI is extending its reach into the US through acquisitions.
COMPETITION |
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COGNICASE Inc. (COGI)
Electronic Data Systems Corporation (EDS)
International Business Machines Corporation (IBM)
DEALS |
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Deal: CGI and IMRglobal Complete Merger
Date Announced: 07.27.01
Value of transaction (US $Mil): Not Disclosed
Description: IT services company and online CRM firm merge.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 955.50
1-Yr. Sales Growth: (0.5)%
Employees: 10,000
Revenue per employee: $95,550.00
KEY PEOPLE |
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Serge Godin
CEO
André Imbeau
CFO
CONTACT INFO |
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1130 Sherbrooke St. West, 5th Fl.
Montreal Quebec H3A 2M8, Canada
Phone: 1-514-841-3200
Fax: 1-514-841-3299
Online: Web Site
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