03:06 PM EST - CGI Group Inc. : Reported fiscal 2016 first-quarter revenue of $2.7 billion, representing growth of 5.6%. Foreign exchange fluctuations had a positive impact of $187.1 million. During the quarter, $3.2 billion in contract awards were booked, or 119.2% of revenue; bringing the trailing 12-month bookings to $10.5 billion, or 101.0% of revenue. The Company's backlog of orders reached a record $21.5 billion, an increase of $1.3 billion from Q1-2015. Adjusted EBIT increased to $384.1 million, representing a margin of 14.3%, compared with $344.0 million, or 13.5% in Q1-F2015. Net earnings excluding specific items increased to $264.9 million or 9.9% of revenue, compared with $236.3 million in Q1-F2015, representing an improvement of 12.1%. CGI Group Inc.
shares T.GIB.A are trading up $2.50 at $58.01.
