Accenture Plc Ireland Stock Price, News & Analysis

Accenture (NYSE: ACN) and Banco Bilbao Vizcaya Argentaria (BBVA) have entered a 10-year collaborative agreement to enhance digital transformation through AI and analytics. This partnership aims to improve operational agility, customer service, and create data-driven decision-making capabilities using Accenture’s SynOps platform. BBVA aims to redesign its operations for better customer experiences and operational efficiency. Additionally, Accenture was recognized as a leader in banking operations transformation.

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.