Buoyed by strong growth in its five business sectors, consulting giant Accenture Ltd. posted third quarter profits of $484 million, compared with $368 million in net income from the year-ago third quarter.
The former Andersen Consulting said that company-wide sales rose 11 percent, to $4.5 billion, versus the same period of a year ago.
"Top-line growth across all five operating groups contributed to the highest quarterly net revenues in our history," William Green, Accenture's chief executive, said in a statement. "Looking ahead, we are confident that we will achieve our financial objectives for the year." Accenture said that new bookings totaled $3.96 billion, with consulting increasing 18 percent year over year to $2.53 billion and outsourcing increasing 15 percent year over year to $1.43 billion.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access
