CGI’s financial results need a bit of scrutiny to get to really understand the picture, at least from a UK perspective. The global headline paints a very strong picture: revenue up 2.4% to CAN$3.09b, or up 6.8% in constant currency, and adjusted EBIT of $521.5m, up 5.2% year-on-year, representing an EBIT margin of 16.9% (up 50bps).

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