Exhibit 99
Accenture Reports Strong Fourth-Quarter and Full-Year Fiscal 2016 Results
-- Fourth-quarter revenues increase 8% in U.S. dollars and 9% in local currency, to $8.5 billion;
quarterly GAAP EPS of $1.68 include $0.37 from gains on the sale of businesses; excluding these
gains, EPS are $1.31, a 14% increase; free cash flow is $1.9 billion --
-- For full fiscal year, revenues increase 6% in U.S. dollars and 10.5% in local currency, to
$32.9 billion; GAAP EPS of $6.45 include $1.11 from gains on the sale of businesses; excluding
these gains, EPS are $5.34, an 11% increase from adjusted EPS of $4.82 in fiscal 2015; free
cash flow is $4.1 billion --
-- New bookings are $9.0 billion for fourth quarter and $35.4 billion for full year --
-- Company increases semi-annual cash dividend 10%, to $1.21 per share --
-- For fiscal year 2017, Accenture expects net revenue growth of 5% to 8% in local currency and
GAAP EPS of $5.75 to $5.98 --
NEW YORK; Sept. 29, 2016 — Accenture (NYSE: ACN) reported strong financial results for the fourth quarter and full fiscal year ended Aug. 31, 2016.
For the fourth quarter, net revenues were $8.5 billion, an increase of 8 percent in U.S. dollars and 9 percent in local currency compared with the fourth quarter of fiscal 2015. GAAP diluted earnings per share were $1.68, including $0.37 from gains on the sale of businesses. Excluding these gains, diluted EPS were $1.31, a 14 percent increase from $1.15 for the same period last year. Operating margin was 14.1 percent, an expansion of 20 basis points. Operating cash flow was $2.1 billion and free cash flow was $1.9 billion. New bookings were $9.0 billion.
For the full fiscal year, net revenues were $32.9 billion, an increase of 6 percent in U.S. dollars and 10.5 percent in local currency compared with fiscal 2015. GAAP diluted earnings per share were $6.45, compared with $4.76 in fiscal 2015. EPS for fiscal 2016 included gains on the sale of businesses totaling $1.11 per share; EPS for fiscal 2015 included a pension settlement charge of $0.06 per share. Excluding these items, diluted EPS of $5.34 for fiscal 2016 increased 11 percent from $4.82 in fiscal 2015. Operating margin for fiscal 2016 was 14.6 percent. Operating cash flow was $4.6 billion and free cash flow was $4.1 billion. New bookings were $35.4 billion.
In addition, Accenture’s Board of Directors has declared a semi-annual cash dividend of $1.21 per share, an increase of $0.11 per share, or 10 percent, over its previous semi-annual dividend, declared in March.
Pierre Nanterme, Accenture’s chairman and CEO, said, “We are very pleased with our excellent financial results for both the fourth quarter and the full fiscal year 2016. For the year, we delivered double-digit revenue growth in local currency and gained significant market share, generated strong new bookings, expanded operating margin, and delivered outstanding earnings per share. We also generated excellent free cash flow and returned more than $4 billion in cash to our shareholders.
“Our durable and balanced performance demonstrates that our growth strategy continues to resonate with the needs of our clients, and that we are clearly executing very well. Looking ahead, we will continue to invest in high-growth areas across Accenture—with a particular focus on digital, cloud and security
The following information was filed by Accenture Holdings Plc (AHP) on Thursday, September 29, 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-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.