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

Accenture Holdings Plc

CIK: 1647339 Ticker: AHP


Exhibit 99

Accenture Reports Strong Third-Quarter Fiscal 2016 Results

-- Revenues increase 9% in U.S. dollars and 10% in local currency to $8.4 billion --

-- EPS are $1.41, compared with $1.24; up 8% from adjusted EPS of $1.30 in the third quarter
last year --

-- Operating income is $1.31 billion, with operating margin of 15.5%, an expansion of 10 basis
points from adjusted operating margin in the third quarter last year --

-- New bookings are $9.1 billion, with consulting bookings of $4.9 billion
and outsourcing bookings of $4.2 billion --

-- Company updates business outlook for fiscal 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.

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Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Cash Flows Statements
Consolidated Income Statements
Consolidated Shareholders' Equity Statement
Consolidated Statements Of Comprehensive Income
Accumulated Other Comprehensive Loss (details)
Accumulated Other Comprehensive Loss (notes)
Accumulated Other Comprehensive Loss (tables)
Accumulated Other Comprehensive Loss Derivatives Designated As Cash Flow Hedges (details)
Basis Of Presentation
Basis Of Presentation (policies)
Basis Of Presentation - Additional Information (detail)
Business Combinations And Divestiture
Business Combinations And Divestiture - Additional Information (detail)
Commitments And Contigencies (policies)
Commitments And Contingencies
Commitments And Contingencies - Additional Information (detail)
Derivative Financial Instruments
Derivative Financial Instruments (tables)
Derivative Financial Instruments - Additional Information (detail)
Derivative Financial Instruments - Notional And Fair Values Of All Derivative Instruments (details)
Derivative Financial Instruments Offsetting Derivative Assets And Liabilities (details)
Goodwill And Intangible Assets (notes)
Goodwill And Intangible Assets (tables)
Goodwill And Intangible Assets - Amortization (details)
Goodwill And Intangible Assets - Goodwill Rollforward (details)
Goodwill And Intangible Assets - Intangible Table By Major Class (details)
Material Transactions Affecting Shareholders' Equity
Material Transactions Affecting Shareholders' Equity (tables)
Material Transactions Affecting Shareholders' Equity - Dividend Activity (details)
Retirement And Profit Sharing Plans
Retirement And Profit Sharing Plans (details)
Segment Reporting
Segment Reporting (tables)
Segment Reporting - Additional Information (detail)
Segment Reporting - Reportable Operating Segments (details)
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

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