By Robb M. Stewart

CGI's profit was dented in the final three months of its fiscal year by acquisition and restructuring costs, though the Canadian information technology and software company raised its dividend payout.

CGI said Wednesday its fourth-quarter net earnings declined to 381.4 million Canadian dollars ($270.4 million), or C$1.72 a share, from C$435.9 million, or C$1.91, a year earlier.

The result was held back by acquisition and related integration costs of C$22.8 million, along with C$98.8 million in restructuring costs.

On an adjusted basis, per-share earnings rose to C$2.13 in the three months to Sept. 30, beating the C$2.09 mean estimate of 12 analysts polled by FactSet.

The Montreal-based company's revenue increased 9.7% to C$4.01 billion, almost in line with the C$4.02 billion expected by analysts for the quarter. Excluding foreign currency movements, revenue rose by 5.5% year-over-year, CGI said.

Bookings at the end of the fiscal quarter hit C$4.79 billion, up from C$3.82 billion in the same period last year. Its backlog expended to C$31.45 billion, the equivalent of 2 times annual revenue.

CGI has continued to bolster its operations with a string of acquisitions this year, including an agreement late last month to buy Comarch's Comarch Polska subsidiary in a bid to accelerate its expansion in Poland and broaden its presence in the public sector.

In late August, it completed the acquisition of France-based digital and engineering services company Apside. Prior to that, CGI bought Quebec City-based IT consulting services company Momentum Technologies. It also completed the purchase of Novatec, a digital services company in Germany and Spain, and in late January it completed a deal to buy U.K.-based technology and engineering consultancy BJSS.

CGI's board on Tuesday approved a 13% increase in the quarterly cash dividend, taking it to C$0.17 a share. The dividend will be payable Dec. 19 to shareholders of record at the close of business Nov. 21.

The new payout, equal to C$0.68 a year, represents an annual yield of about 0.56% based on the last closing price of C$120.29.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

November 05, 2025 08:00 ET (13:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.