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Exhibit 99.1
Accenture Achieves Record Annual Revenues and EPS
— Revenues Increase 15% and EPS Up 27% in Fourth Quarter;
Annual Revenues Increase 14% and Annual EPS Up 28% —
Annual Revenues Increase 14% and Annual EPS Up 28% —
— Company Declares Cash Dividend —
NEW YORK; Oct. 6, 2005 — Accenture (NYSE: ACN) today reported financial results for the
fourth-quarter and full fiscal year ended Aug. 31, 2005, with record annual revenues, operating
income and earnings per share. In addition, the company announced that its Board of Directors has
declared an annual cash dividend.
William D. Green, Accenture’s CEO, said, “We’re truly pleased by our outstanding performance in the
fourth quarter and full year. Our record revenues in fiscal 2005 included our highest annual
revenue growth in consulting since we became a public company in 2001. We grew revenues well ahead
of the industry average, hit our operating margin target of 13 percent, achieved double-digit EPS
growth, and maintained our strong cash flow and balance sheet. We
also accrued variable compensation for
our employees.
“We are especially encouraged by our strong fourth-quarter performance. We achieved record growth
in the Americas, driven by a significant increase in both consulting and outsourcing revenues in
the United States, and had $5.2 billion in total new bookings, our highest in six quarters.
“We’re
also pleased to be able to return cash to shareholders through a cash dividend in addition to
ongoing share repurchases.”
Financial Highlights
Fourth Quarter 2005
| • | Revenues before reimbursements (“net revenues”) were $3.92 billion, compared with $3.42 billion for the fourth quarter of fiscal 2004, an increase of 15 percent in U.S. dollars and 14 percent in local currency and ahead of the company’s expected range of $3.80 billion to $3.90 billion. |
| • | Diluted EPS were $0.38, compared with $0.30 for the fourth quarter of fiscal 2004, an increase of 27 percent and ahead of the company’s expected range of $0.34 to $0.37. |
| • | Operating income increased 37 percent to $509 million, or 13.0 percent of net revenues. |
| • | New bookings totaled $5.16 billion, representing the highest quarterly bookings in six quarters. Consulting accounted for $2.42 billion, or 47 percent, of quarterly new |
The following information was filed by Accenture Sca (SCA) on Thursday, October 6, 2005 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.
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Accenture Sca provided additional information to their SEC Filing as exhibits
SEC Filing Exhibit
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Ticker: SCA
CIK: 1143908
Form Type: 10-K Annual Report
Accession Number: 0000950134-05-020129
Submitted to the SEC: Tue Nov 01 2005 6:10:56 AM EST
Accepted by the SEC: Tue Nov 01 2005
Period: Wednesday, August 31, 2005
Industry: Business Services
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