Accenture announces increased earnings
Accenture, the world’s largest consulting company, has reported quarterly earnings up on last year.
The company said that net income in the second quarter rose to $118.7m (€110m), or 25 cents a share, compared to $10.6m (€9.8m), or 2 cents a share, which included an investment write-down, a year earlier.
However, revenue for the group fell 3% to $2.83bn (€2.62bn) as things continue to be difficult in the weak global economy.
Outsourcing revenue grew 33% while consulting revenue fell 15%.
The company has continued to cut costs and has been reducing its staff.
