1-Star Price
PREMIUM
5-Star Price
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Economic Moat
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Capital Allocation
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CGI reported top-line results narrowly below our expectations to close out its fiscal 2020. The company showed continued resilience as it maneuvered itself through pandemic-induced economic headwinds with strong bookings numbers in the fourth quarter. With sticky, long-term partnerships with its clients, CGI continues to chart a steady course during these uncertain times by posting stable numbers across geographies and market segments.
CGI Group is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 12 billion in annual revenue, employs over 77,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process outsourcing. The company's largest vertical market is government, which contributes around 33% of group revenue.
