CGI’s Insights to Action Report presents the global insights and perspectives we gain from listening to our clients, and showcases the innovative work we are doing to support them in becoming digital enterprises.

Stock overview

  • TSX: GIB.A
  • 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 2018 reported revenue of C$11.5 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).

Q3-F2019 results and year-over-year highlights

  • Revenue of $3.12 billion, up 6.1% year-over-year or 6.6% in constant currency;
  • Adjusted EBIT of $474.2 million, up 8.9%;
  • Adjusted EBIT margin of 15.2% of revenue, up 40 basis points;
  • Net earnings of $309.4 million, up 7.3%;
  • Net earnings margin of 9.9%, up 10 basis points;
  • Diluted EPS of $1.12, up 12.0%;
  • Net earnings excluding specific items* of $337.2 million, up 8.9%;
  • Net earnings margin, excluding specific items* of 10.8% of revenue, up 30 basis points;
  • Diluted EPS of $1.22 excluding specific items*, up 13.0%;
  • Cash provided by operating activities of $375.2 million, up 18.2%;
  • Bookings of $2.95 billion for a book-to-bill of 95% and 107% over the last twelve months; and,
  • Backlog of $22.42 billion, representing 1.9 times last twelve months revenue.

*Specific items in Q3-F2019 include: $27.9 million in acquisition-related and integration costs net of tax; Specific items in Q3-F2018 include: $6.7 million in acquisition-related and integration costs and $14.7 million in restructuring costs both net of tax

Revenue distribution

Service Type
  • 51% Systems integration and consulting
  • 49% Management of IT and business functions
Client Geography
  • 28%     United States
  • 15%     Canada
  • 14%     France
  • 12%     United Kingdom
  •   8%     Sweden
  •   7%     Finland
  • 16%     Rest of the world
Vertical Markets
  • 33%   Government
  • 24%   Manufacturing, retail and distribution
  • 21%   Financial services
  • 14%   Communications and utilities
  •   8%   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. Q3-F2019 MD&A, interim condensed consolidated financial statements and accompanying notes can be found at and have been filed with both SEDAR in Canada and EDGAR in the U.S.


Q1 F2019 Earnings – 30 January 2019

AGM – 30 January 2019

Q2 F2019 Earnings – 1 May 2019

Q3 F2019 Earnings – 31 July 2019

Q4 & F2019 Earnings – 6 November 2019


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


View all annual reports


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


Download the presentation
Download the MD&A
Download the financial statements
Listen to the webcast