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Infosys: Digital Differentiation and Large Deal Momentum Drive Industry-leading Growth in FY21
- Double-digit Revenue Growth Guidance of 12%-14% for FY22
- Share Buyback of ?9,200 Crore ($1.23 bn) and Final Dividend of ?6,400 Crore ($0.85 bn) Announced
BENGALURU, India, April 14, 2021 /PRNewswire/ Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered strong FY21 performance with 5.0% CC growth, and growth accelerating to 9.6% in Q4 - in the face of a turbulent economic environment. Large deal TCV for FY21 peaked to an all-time high of $14.1 billion with 66% being net new. Operating margin for the year expanded by 3.2% and Free Cash Flows increased by 38.5%. The Board has recommended capital return of ?15,600 crore (app. $2.08 billion) including final dividend of ?6,400 crore (app. $0.85 billion) and open market buyback of shares of ?9,200 crore (app. $1.23 billion).
Infosys: Digital Differentiation and Large Deal Momentum Drive Industry-leading Growth in FY21 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Key Facts:
Market-leading essential retailer: Established in 1898, Casino is one of the world s largest food retailers with approximately 11,000 stores in France and Latin America. Casino maintains a multi-format strategy, operating discount, convenience, cash and carry, supermarket and hypermarket retail stores under various brands. It is also the second largest e-commerce retailer in France.
Established locations with limited local competition: The acquired hypermarkets are located in Southern and Central France, predominantly in dense urban infill areas forecast to experience above-average population growth, and where Casino is the market leader with limited competition.
High-performing properties in a resilient industry: The properties are established grocery sites that rank among Casino s top hypermarkets. As an essential retailer, the grocery sector has maintained strong demand during the pandemic.
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LEHIGH VALLEY, Pa., Feb. 25, 2021 /PRNewswire/ Air Products (NYSE:APD) has been rated as the top climate-aligned company by Barron s as part of its 2021 Ranking of the Most Sustainable Companies in America.
Overall, Barron s ranked Air Products 13th on its 100 Most Sustainable Companies list, up 20 spots from the previous year. Air Products earned first place as the top company for the climate-aligned segment of the rankings, which rated companies for efforts to reduce the impact on the environment throughout their operations and provide sustainable solutions.
Barron s specifically noted that Air Products, which has appeared on the Most Sustainable Companies list for three consecutive years, has committed billions of dollars of capital toward the largest renewable hydrogen project in history, which will provide carbon-free hydrogen to the world on a massive scale in 2025.