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Consulting Client Insights: Accenture Q2 2010

MR - Accenture reported financial results for Q2 of fiscal 2010, with net revenues of $5.18 billion, a decrease of 2 percent in U.S. dollars and 8 percent in local currency from the same 2009 period. Operating income was $651 million and operating margin was 12.6 percent, effectively flat over the same 2009 period. New consulting bookings were $3.39 billion, and showed improvements in overall transactions and pipeline, while maintaining high quality in the business it has won. In terms of challenges, Accenture had high sustained utilization of 88 percent with voluntary turnover of 15 percent. This will likely challenge Accenture's ability to simultaneously ensure high quality engagement outcomes and client satisfaction, while improving margins. (2 Charts, 1,930 words) . . . (to read the remainder of this article, please log in below.)
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