Last10K.com

Accenture Holdings Plc (AHP) SEC Filing 10-Q Quarterly report for the period ending Thursday, November 30, 2017

Accenture Holdings Plc

CIK: 1647339 Ticker: AHP


Exhibit 99



Accenture Reports Strong First-Quarter Fiscal 2018 Results

-- Revenues increase 12% in U.S. dollars and 10% in local currency to $9.5 billion --

-- EPS are $1.79, a 13% increase --

-- Operating income increases 12% to $1.49 billion, with operating margin of 15.6% --

-- New bookings are $10.0 billion, with consulting bookings of $5.9 billion
and outsourcing bookings of $4.0 billion --

-- Accenture updates business outlook for fiscal 2018, including narrowing its range for full-year revenue growth to 6-8% in local currency from 5-8% previously, and raising outlook for EPS to $6.48 to $6.66 from $6.36 to $6.60 previously; updated EPS range represents 10-13% growth over adjusted EPS for fiscal 2017 --

NEW YORK; Dec. 21, 2017 — Accenture (NYSE: ACN) reported financial results for the first quarter of fiscal 2018, ended Nov. 30, 2017, with net revenues of $9.5 billion, an increase of 12 percent in U.S. dollars and 10 percent in local currency over the same period last year.

Diluted earnings per share were $1.79, an increase of $0.21, or 13 percent from the first quarter last year.

Operating income was $1.49 billion, an increase of 12 percent over the same period last year, and operating margin was 15.6 percent, consistent with the first quarter last year.

New bookings for the quarter were $10.0 billion, with consulting bookings of $5.9 billion and outsourcing bookings of $4.0 billion.

Pierre Nanterme, Accenture’s chairman and CEO, said, “We delivered excellent financial results for the first quarter. I am particularly pleased with our broad-based revenue growth of 10 percent in local currency – including double-digit growth in four of our five operating groups and two of our three geographic regions – as well as very strong new bookings. We also delivered 13 percent growth in earnings per share and returned $1.4 billion in cash to our shareholders.

“Our outstanding results reflect the significant investments we have made to differentiate Accenture – especially in digital, cloud and security services, which account for more than half of our total revenues. Our growth strategy is clearly resonating with our clients, and we are very well-positioned 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 first quarter of fiscal 2018 were $9.52 billion, compared with $8.52 billion for the first quarter of fiscal 2017, an increase of 12 percent in U.S. dollars and 10 percent in local currency, above the company’s guided range of $9.10 billion to $9.35 billion. The foreign-exchange impact for the quarter was approximately positive 2 percent, consistent with the assumption provided in the company’s fourth-quarter earnings release.



The following information was filed by Accenture Holdings Plc (AHP) on Thursday, December 21, 2017 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.

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

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Accenture Holdings Plc's Definitive Proxy Statement (Form DEF 14A) filed after their 2017 10-K Annual Report includes:

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

Continue

SEC Filing Tools

Financial Statements, Disclosures and Schedules

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
Accumulated Other Comprehensive Loss (details)
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
Business Combinations- 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)
Income Taxes
Income Taxes (details)
Income Taxes (policies)
Material Transactions Affecting Shareholders' Equity
Material Transactions Affecting Shareholders' Equity (tables)
Material Transactions Affecting Shareholders' Equity - Dividend Activity (details)
Segment Reporting
Segment Reporting (tables)
Segment Reporting - Additional Information (detail)
Segment Reporting - Reportable Operating Segments (details)
Subsequent Events (notes)
Ticker: AHP
CIK: 1647339
Form Type: 10-Q Quarterly Report
Accession Number: 0001647339-17-000026
Submitted to the SEC: Thu Dec 21 2017 6:45:25 AM EST
Accepted by the SEC: Thu Dec 21 2017
Period: Thursday, November 30, 2017
Industry: Business Services

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/ahp/0001647339-17-000026.htm