The 2019 CGI Client Global Insights present the findings from our face-to-face interviews with 1,550 executives across 10 industries and 7 regions. These leaders cite a combination of becoming digital to meet customer expectations and fundamental IT modernization as drivers ...

Stock overview

  • TSX: GIB.A
  • NYSE: GIB
  • Fiscal year end: September 30

Company overview

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With approximately 77,500 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. With Fiscal 2019 reported revenue of C$12.1 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).

Q4-F2019 year-over-year highlights

F2019 year-over-year highlights

  • Revenue of $12.1 billion, up 5.3% or 5.9% in constant currency;
  • Adjusted EBIT of $1.8 billion, or 15.1% of revenue;
  • Net earnings of $1.3 billion, or 10.4% of revenue;
  • Net earnings excluding specific items* of $1.3 billion, or 10.8% of revenue;
  • Diluted EPS of $4.55, up 15.2%;
  • Diluted EPS excluding specific items* of $4.70, up 12.2%;
  • Cash provided by operating activities of $1.6 billion or 13.5% of revenue;
  • Bookings of $12.6 billion, or 104% of revenue; and,
  • Backlog of $22.6 billion or 1.9 times F2019 revenue.

* Specific items: Q4-F2019: $23.8 million in acquisition-related and integration costs net of tax and a favourable tax adjustment of 18.5 million.Q4-F2018: $14.7 million in restructuring costs and $1.6 million in acquisition-related and integration costs net of tax.
F2019: $61.1 million in acquisition-related and integration costs net of tax, and tax adjustment of $18.5 million.
F2018: $73.9 million in restructuring costs, $29.6 million in acquisition-related and integration costs net of tax, and net-tax adjustments of $34.1 million.

Revenue mix for the year

Service Type
  • 50% Systems integration and consulting
  • 50% Management of IT and business process
Client Geography
  • 29%     United States
  • 16%     Canada
  • 15%     France
  • 12%     United Kingdom
  •   7%     Sweden
  •   6%     Finland
  • 15%     Rest of the world
Vertical Markets
  • 33%   Government
  • 24%   Manufacturing, retail and distribution
  • 22%   Financial services
  • 14%   Communications and utilities
  •   7%   Health

Competitive Strengths

Enhanced Value Proposition

CGI's competitive strengths provide an enhanced value proposition for clients. CGI combines strategic and technical expertise in five high growth vertical markets. It provides flexibility and cost competitiveness through its end-to-end service offerings and global delivery model. It achieves client intimacy through its metro market approach and a strong local presence. It consistently provides high quality service through the application of its management frameworks.
  • End-to-end IT services
  • Deep industry expertise (five verticals)
  • Unique global delivery model
  • Quality delivery track record
  • Flexible client partnerships

 Our Build and Buy profitable growth strategy

Organic Growth

Systems integration contracts and projects

  • Extend service offerings to existing clients
  • Win new contracts and renewals
  • Develop new client relationships

Outsourcing contracts

  • Grow pipeline of outsourcing proposals
  • Win outsourcing contracts with new and existing clients
Growth by Acquisitions

Niche market acquisitions

  • Grow pipeline of outsourcing proposals
  • Win outsourcing contracts with new and existing clients

Transformational acquisitions

  • Increase critical mass to qualify for more large contracts
  • Increase geographic presence
  • Ensure strategic fit and accretion to net earnings

Note: All figures in Canadian dollars. Fiscal 2019 MD&A, audited consolidated financial statements and accompanying notes can be found at cgi.com/investors and have been filed with both SEDAR in Canada and EDGAR in the U.S.

KEY DATES

F2019 – Earnings

Q1 F2019 – 30 January 2019
AGM – 30 January 2019
Q2 F2019 – 1 May 2019
Q3 F2019 – 31 July 2019
Q4 & F2019 – 6 November 2019

F2020 – Earnings

Q1 F2020 – 29 January 2020
AGM – 29 January 2020
Q2 F2020 – 29 April 2020
Q3 F2020 – 29 July 2020
Q4 & F2020 – 11 November 2020

TRANSFER AGENT

Computershare Investor Services Inc.
100 University Ave., 8th Floor
Toronto, Ontario  M5J 2Y1

North America toll-free: 1-800-564-6253
International: 1-514-982-7555
Computershare Investor Centre

ANNUAL REPORTS

View all annual reports

CORPORATE GOVERNANCE

Practices that balance the interests of our stakeholders. View corporate governance section.

 

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Download the MD&A
Download the financial statements
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