Accenture PLC - ACN STOCK NEWS

Accenture (NYSE: ACN) has been recognized as a Leader in The Forrester New Wave: Workday Implementation Partners, Q3 2021, achieving the highest rating in seven out of ten criteria. The report highlights Accenture's extensive capabilities and global reach, noting its suitability for complex transformations and multi-pillar deals. With over 4,100 Workday-skilled consultants, Accenture has consistently supported major Workday projects across industries, showcasing its innovative approach and deep industry knowledge. This recognition underscores Accenture's commitment to delivering value through its partnership with Workday.

Accenture (NYSE: ACN) has acquired Zestgroup, a firm specializing in energy transitions and net carbon-zero projects. This acquisition aims to enhance Accenture’s capabilities in creating sustainable value chains and assisting organizations in achieving their carbon emission goals.

Zestgroup's expertise in renewable energy sources and market regulations will strengthen Accenture's offering, particularly through its SynOps platform. Zestgroup brings over 120 professionals to Accenture, providing significant industry knowledge in sustainability and procurement.

Accenture (NYSE: ACN) reported strong financial results for Q1 FY2022, with revenues of $15.0 billion, a 27% increase year-over-year. Diluted EPS rose 20% to $2.78. Operating income increased 29% to $2.43 billion, with an operating margin of 16.3%. New bookings hit a record $16.8 billion, up 30%. The quarterly cash dividend was increased by 10% to $0.97 per share. Accenture raised its full-year revenue growth outlook to 19% to 22% in local currency, projecting EPS between $10.32 and $10.60.

Accenture (NYSE: ACN) has launched its 360° Value Reporting Experience to enhance stakeholder transparency by integrating financial and ESG reporting. This platform offers a comprehensive overview of the company's goals, progress, and performance. Additionally, Accenture plans to plant 674,000 trees to support its commitment to net zero by 2025. The company has adopted three new ESG frameworks and shifted its annual ESG reporting from March to December, aiming to remove over 13 million metric tons of carbon over the next two decades.

Accenture (NYSE: ACN) has been recognized as a Leader in B2B commerce and digital sales for industrial manufacturing by IDC. This acknowledgment is part of the "IDC MarketScape: Worldwide B2B Commerce Services for Industrial Manufacturing 2021 Vendor Assessment." The report assessed eight global IT service providers on criteria like delivery models and value to clients. IDC highlights Accenture’s thought leadership and technological competence in transforming industrial sales processes, enabling companies to enhance digital purchasing experiences and compete effectively in the market.

Accenture (NYSE: ACN) will host a conference call on Dec. 16 at 8:00 a.m. EST to discuss its Q1 fiscal year 2022 financial results. A news release with these results will be issued before the call. Interested parties can dial in or access the call through the Investor Relations section of Accenture's website. A replay will be available post-call starting at 11:00 a.m. EST on the same day until March 16, 2022. Accenture, a global professional services leader, operates across more than 40 industries worldwide.

Accenture (NYSE: ACN) plans to acquire AFD.TECH, enhancing its network capabilities in next-generation technology, including 5G and fiber. The acquisition adds over 1,600 professionals, boosting Accenture’s expertise in network engineering and operations. This strategic move aligns with Accenture's Cloud First capabilities, enabling comprehensive transformations for clients. The deal follows other recent acquisitions and aims to strengthen Accenture's presence in Europe. Financial terms remain undisclosed, with customary conditions and consultations expected before closing.

The annual Fjord Trends 2022 report from Accenture highlights significant shifts in human behaviors due to societal disruptions over the past two years. The report emphasizes how changes in work dynamics, consumer expectations, and environmental awareness are influencing business strategies. Key trends include the rise of individualism, a shift from abundance to scarcity thinking, the emergence of the metaverse, increased consumer expectations for instant answers, and a heightened focus on care. Businesses are urged to adapt and innovate to build stronger relationships with customers and society.

Accenture (NYSE: ACN) has been recognized as a Leader in data management services in the latest Forrester report, evaluated against 11 competitors on 22 criteria. With strong scores in DataOps, data engineering, and governance, Accenture demonstrates its capability to deliver high-quality data solutions backed by client feedback. The report emphasizes the importance of building a strong cloud data foundation for competitive advantage.

Accenture Cloud First, comprising 106,000 cloud professionals, aims to help businesses accelerate digital transformation and realize their data potential.