What is Accenture's europe — restructuring charges?

Accenture (ACN) reported europe — restructuring charges of $166.46M in Q1 2023.

What does europe — restructuring charges mean?

The total costs associated with reorganizing or downsizing business operations within the European region.

Discontinued — last reported Q1 '23

Europe — Restructuring Charges

Accenture Europe — Restructuring Charges increased by 312.3% to $166.46M in Q1 2023 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityVolatile

First reportedQ4 2022

Last reportedQ1 2023

Rolls up toRestructuring Charges

How to read this metric

An increase suggests significant operational restructuring or cost-cutting initiatives, while a decrease indicates a more stable organizational structure.

Detailed definition

This metric represents the costs incurred by the European geographic segment related to organizational realignment, work...

Peer comparison

Peers in the IT services sector frequently report similar charges during periods of economic transition or strategic pivots, often categorized under special items or operating expenses.

Metric ID: acn_segment_europe_restructuring_charges

Historical Data

2 periods

	Q4 '22	Q1 '23
Value	$40.38M	$166.46M
QoQ Change	—	+312.3%

Range$40.38M – $166.46M

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Frequently Asked Questions

What is Accenture's europe — restructuring charges?: Accenture (ACN) reported europe — restructuring charges of $166.46M in Q1 2023.
What does europe — restructuring charges mean?: The total costs associated with reorganizing or downsizing business operations within the European region.