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Accenture Sca (SCA) SEC Filing 10-K Annual report for the fiscal year ending Friday, August 31, 2007

Accenture Sca

CIK: 1143908 Ticker: SCA
 

Exhibit 99.1
Accenture Reports Record Annual Revenues and EPS for Fiscal 2007
Quarterly revenues increase to record $5.11 billion —
— Annual revenues increase 18% to $19.70 billion; full-year EPS up 24% —
— Company declares annual cash dividend of $0.42 per share —
NEW YORK; Sept. 27, 2007 — Accenture (NYSE: ACN) reported record revenues for the fourth quarter and record financial results for the full fiscal year ended Aug. 31, 2007, including its highest-ever annual revenues, bookings, operating income and earnings per share.
Revenues before reimbursements (“net revenues”) for the fourth quarter were $5.11 billion, compared with $3.97 billion in the fourth quarter of fiscal 2006, an increase of 29 percent in U.S. dollars and 23 percent in local currency. GAAP diluted earnings per share for the fourth quarter were $0.50.
For the full fiscal year, net revenues were $19.70 billion, an increase of 18 percent in U.S. dollars and 13 percent in local currency over fiscal 2006 and above the high end of the company’s previously stated expectations. GAAP diluted earnings per share for the full year were $1.97, an increase of 24 percent over fiscal 2006.
In addition, the company announced that its Board of Directors has declared an annual cash dividend of $0.42 per share, an increase of $0.07, or 20 percent, over its previous annual dividend.
William D. Green, Accenture’s chairman & CEO, said, “We are delighted with our outstanding fourth-quarter and full-year results. We achieved double-digit revenue growth in U.S. dollars and growth in local currency across all of our operating groups and geographies, leading to our highest quarterly and annual revenues ever. We achieved double-digit EPS growth for the full year, exceeding our EPS outlook. We expanded our operating margin, delivered strong cash flow and maintained our solid balance sheet. We’re also pleased to be able to return cash to shareholders through our third annual cash dividend, in addition to repurchasing $2.3 billion of our shares during the year.
“Demand for our services, particularly in consulting, remains robust. Our outstanding performance and continued momentum reflect the strength of our diverse and durable global business, enabling us to differentiate ourselves from competitors and establish a unique market position based on helping clients become high-performance businesses.”
Financial Review
In addition to providing year-over-year GAAP comparisons, Accenture is presenting results for the fourth quarter and full fiscal year 2006 on an adjusted basis. For the fourth quarter of 2006 these adjusted results exclude the net impact of the agreement resolving the NHS matter in that quarter (“the Agreement”), which reduced fourth-quarter and full-year Consulting and overall net revenues by $339 million, offset by a corresponding decrease in Cost of Services; and non- recurring tax benefits recognized in the quarter. For the full year the adjusted results exclude the fourth-quarter items mentioned above, the net impact of the NHS contract loss provision in the

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The following information was filed by Accenture Sca (SCA) on Thursday, September 27, 2007 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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SEC Filing Tools
Ticker: SCA
CIK: 1143908
Form Type: 10-K Annual Report
Accession Number: 0000950137-07-015882
Submitted to the SEC: Tue Oct 23 2007 5:04:35 PM EST
Accepted by the SEC: Tue Oct 23 2007
Period: Friday, August 31, 2007
Industry: Business Services

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