Accenture Expects FX to Hurt Revenues in Fiscal 2023 -- Currency Comment
22 Setembro 2022 - 11:39AM
Dow Jones News
By Paulo Trevisani
Accenture PLC said Thursday it expects foreign exchange to keep
hurting revenue in the next fiscal year.
The Dublin-based consulting firm said its business outlook for
the 2023 fiscal year assumes the foreign-exchange impact on its
results in U.S. dollars will be about negative 6% compared with the
prior year.
The company said it expects revenue growth between 8% and 11% in
local currency for fiscal 2023.
Accenture said it expects FX to have a negative impact of about
8.5% in the fiscal first quarter, compared with a year earlier.
Accenture said foreign currency conversion had a negative impact
of 7.5% on revenue in the fourth quarter of fiscal 2022, which
ended Aug. 31, compared with an assumption of a negative 8%
impact.
For fiscal 2022, the negative impact of FX was reported at
4%.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
September 22, 2022 10:24 ET (14:24 GMT)
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