Accenture plc - Ordinary Shares - Class A

Strong Revenue Growth but Evolving Market Conditions: Accenture reported revenue of $16.7 billion for Q2 FY '25, reflecting an 8.5% increase in local currency and 5% in U.S. dollars. Though the company is performing well, there is an expectation of an elevated level of uncertainty in global economic conditions, particularly in the U.S. Federal sector, leading to cautious guidance.

Adjusted Earnings Per Share (EPS) Growth: The diluted EPS for the quarter was $2.82, marking a 2% growth from adjusted EPS of $2.77 in Q2 FY '24. The forecast for full fiscal year 2025 anticipates diluted EPS between $12.55 and $12.79, reflecting a year-over-year growth target of 5% to 7%.

Investment and Acquisitions Strategy: Accenture has strategically deployed over $250 million across six acquisitions in the quarter and expects to invest between $2 billion and $3 billion in acquisitions for FY '25. These investments aim to enhance capabilities in areas such as Gen AI, managed services, and industry-specific transformations to drive growth.