French IT services group Capgemini SA (CAP.FR) expects a revenue decline of 5.5% on an organic basis, with a 9% drop in the second half of the year alone, Chief Executive Paul Hermelin said Thursday.

That appears to be a downgrade of the company's previous forecast for a full-year organic revenue decline of 3%-4%, on the basis of constant perimeter and exchange rates, with a second-half drop of 4%-6%.

Hermelin said it is too early to qualify or quantify the financial trend in 2010, though the company said earlier in the day that there are signs its business activity has been stabilizing, with some market segments turning upward.

Company Web site: www.capgemini.com

-By A.H. Mooradian, Dow Jones Newswires, +33 1 4017 1740; art.mooradian@dowjones.com.
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