Q3 2025 Accenture PLC Earnings Call Transcript
Key Points
- Accenture PLC (ACN) reported strong quarterly bookings of $19.7 billion, with 30 clients having bookings greater than $100 million.
- The company achieved a 7% revenue growth in local currency, surpassing their guided range, and continued to gain market share.
- Accenture PLC (ACN) expanded its operating margin by 40 basis points and delivered a 12% EPS growth over the previous year's adjusted EPS.
- Significant investments were made in strategic areas, including $297 million in acquisitions and increasing their data and AI workforce to approximately 75,000.
- The company was recognized as a top workplace, earning the number six spot on the Great Place to Work list and increasing its brand value by 27% to $103.8 billion.
- New bookings decreased by 6% in US dollars and 7% in local currency compared to the previous quarter.
- Gross margin slightly declined to 32.9% from 33.4% in the same quarter last year.
- The federal business had an immaterial impact on overall growth, with a projected 2% headwind in Q4.
- Attrition ticked up slightly, although it remains within normal levels.
- The pace of acquisitions was slower this year due to tough market conditions, impacting inorganic growth contributions.
Good day, and welcome to Accenture's third-quarter fiscal 2025 earnings call. (Operator Instructions) Please note, today's event is being recorded. I would now like to turn the conference over to Alexia Quadrani, Executive Director and Head of Investor Relations. Please go ahead.
Thank you, operator, and thanks, everyone, for joining us today on our third quarter fiscal 2025 earnings announcement. As the operator just mentioned, I'm Alexia Quadrani, Executive Director, Head of Investor Relations. On today's call, we will hear from Julie Sweet, our Chair and Chief Executive Officer; and Angie Park, our Chief Financial Officer. We hope you've had an opportunity to review the news release we've issued a short time ago. Let me quickly outline the agenda for today's call.
Julie will begin with an overview of our results. Angie will take you through the financial details, including the income statement and balance sheet, along with some key operational metrics for the third quarter. Julie will then provide a
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