More Double Digit Growth for Gartner

Consulting group Gartner has reported fourth quarter adjusted revenue up 11% at constant currency, to $1.2bn, with profits also increased. Full year revenue was up 11% on the same basis to $4.2bn.

In Q4 the group reported adjusted EBITDA of $218m, up 5% at constant currency, with adjusted EPS of $1.18, down 2%. Full year adjusted EBITDA was $684m, up 2% and adjusted EPS of $3.90, up 3%. For the full year 2020, the company projects a revenue increase of 9% at constant currency and adjusted EBITDA margin 16.1% or higher.

According to CEO Gene Hall (pictured), '2019 was another year of double-digit contract value and revenue growth for Gartner. We will continue to leverage the Gartner Formula for Growth and our compelling client value proposition to capture our enormous market opportunity'.

Web site: www.gartner.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.