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CGI earnings double

Montreal: Canadian IT services consultancy CGI saw net earnings more than double to Canadian $230.9 on revenues up 7% to Canadian $2.704 billion in its second quarter of 2014. "Our strong performance in the quarter is a clear reflection of our on-going ability to execute our business model on a global basis," said Michael Roach, President and CEO. "Our ability to generate increased cash from operations is becoming more visible as we complete the $525 million investment in our integration program. Looking ahead, our focus will be on intensifying the expansion and conversion of our pipeline of opportunities into bookings and high quality revenue, reflecting our diversified market coverage."

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