A strong quarter for Accenture
Accenture reported its Q1’25 yesterday with raised FY guidance (from 3-6% to 4-7% growth) and stock +7% in after-market. Q1 showed broad-based revenue growth across both consulting and managed services revenues, as well as regional and end market growth. Q1 sales grew 8% y-o-y in local currency (+3% vs cons), with Americas growing strongest (11% y-o-y in local currency). This is a clear improvement over preceding quarters, and as Accenture raised its outlook, it looks promising for coming quarters.