Accenture Holdings Plc (AHP) 10-Q Quarterly Report June 2016

NEW YORK; June 23, 2016 — Accenture (NYSE: ACN) reported financial results for the third quarter of fiscal 2016, ended May 31, 2016, with net revenues of $8.4 billion, an increase of 9 percent in U.S. dollars and 10 percent in local currency over the same period last year.

Diluted earnings per share were $1.41, compared with $1.24 for the third quarter last year, which included a non-cash pension settlement charge of $64 million, pre-tax, or $0.06 per share. Excluding this charge, diluted EPS for the third quarter last year were $1.30. Diluted EPS for the third quarter of fiscal 2016 increased 8 percent from adjusted EPS for the third quarter last year.

Operating income for the quarter was $1.31 billion, or 15.5 percent of net revenues, compared with $1.13 billion, or 14.6 percent of net revenues, for the third quarter last year, which included the $64 million pension settlement charge. Excluding this charge, operating income for the third quarter of fiscal 2015 was $1.20 billion, or 15.4 percent of net revenues.

New bookings for the quarter were $9.1 billion, with consulting bookings of $4.9 billion and outsourcing bookings of $4.2 billion.

Pierre Nanterme, Accenture’s chairman and CEO, said, “We are very pleased with our third-quarter financial results and the continued strong momentum in our business. We delivered 10 percent revenue growth in local currency, and our new bookings of $9.1 billion demonstrate that we are providing highly relevant services to our clients. We expanded operating margin, generated strong free cash flow and returned $1.2 billion in cash to our shareholders.

“Our excellent results reflect the investments we have made to differentiate Accenture in the marketplace as well as our successful rotation to digital, cloud and security services, which now account for approximately 40 percent of our total revenues. Looking ahead, we are confident in our ability to continue gaining market share, driving profitable growth and delivering value for our clients and shareholders.”

Financial Review

Revenues before reimbursements (“net revenues”) for the third quarter of fiscal 2016 were $8.43 billion, compared with $7.77 billion for the third quarter of fiscal 2015, an increase of 9 percent in U.S. dollars and 10 percent in local currency. Net revenues for the quarter reflect a foreign-exchange impact of approximately negative 2 percent, compared with the negative 2.5 percent we had previously

The following information was filed by Accenture Holdings Plc (AHP) on Thursday, June 23, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

Please wait while we load the requested 10-Q report or click the link below:

https://last10k.com/sec-filings/report/1647339/000164733916000038/acnholdings-20160531x10q.htm

View differences made from one quarter to another to evaluate Accenture Holdings Plc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ) — *Sample 10-K Year-over-Year (YoY) Comparison*

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were ~~removed~~ , added and changed by Accenture Holdings Plc.

Continue

Assess how Accenture Holdings Plc's management team is paid from their Annual Proxy

Accenture Holdings Plc's Definitive Proxy Statement (Form DEF 14A) filed after their 2016 10-K Annual Report includes:

Voting Procedures
Board Members
Executive Team
Salaries, Bonuses, Perks
Peers / Competitors

Continue

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Material Contracts, Statements, Certifications & more

Accenture Holdings Plc provided additional information to their SEC Filing as exhibits

Exhibit 31.1: Section 302 Certification Of The Chief Executive Officer

Exhibit 31.2: Section 302 Certification Of The Chief Financial Officer

Exhibit 32.1: Section 906 Certification Of The Chief Executive Officer

Exhibit 32.2: Section 906 Certification Of The Chief Financial Officer

Ticker: AHP
CIK: 1647339
Form Type: 10-Q Quarterly Report
Accession Number: 0001647339-16-000038
Submitted to the SEC: Thu Jun 23 2016 4:30:56 PM EST
Accepted by the SEC: Thu Jun 23 2016
Period: Tuesday, May 31, 2016
Industry: Business Services

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/ahp/0001647339-16-000038.htm

Accenture Holdings Plc (AHP) SEC Filing 10-Q Quarterly report for the period ending Tuesday, May 31, 2016

SEC Filings

AHP Valuations

AHP Annual Reports

AHP Quarterly Reports

AHP Corporate News