Fiscal 2021 Universal Registration Document

3. Fiscal year activity report

FOR THE SECOND HALF ONLY
REVENUES BY REGION
(in millions of euro)
H2 FY 2021 H2 FY 2020 ORGANIC GROWTH
North America

North America

H2 FY 2021

1,346

North America

H2 FY 2020

1,394

North America

ORGANIC GROWTH

+1.9%

Europe

Europe

H2 FY 2021

928

Europe

H2 FY 2020

760

Europe

ORGANIC GROWTH

+18.7%

Asia-Pacific, Latam, Middle East and Africa

Asia-Pacific, Latam, Middle East and Africa

H2 FY 2021

150

Asia-Pacific, Latam, Middle East and Africa

H2 FY 2020

122

Asia-Pacific, Latam, Middle East and Africa

ORGANIC GROWTH

+22.5%

HEALTHCARE & SENIORS TOTAL HEALTHCARE & SENIORS TOTALH2 FY 20212,424 HEALTHCARE & SENIORS TOTALH2 FY 20202,276 HEALTHCARE & SENIORS TOTALORGANIC GROWTH+8.7%

 

In North America, second half organic growth was +1.9%. While elective surgery has been picking up progressively, cross-selling has remained strong and retail sales started to pick up in the fourth quarter. Seniors occupancy is still suffering from the effects of the pandemic.

In Europe, organic growth was up at +18.7%. While the retail activity remained low, cross-selling of new Covid-related hygiene services and a large Rapid Testing Centers contract in the UK is boosting activity. Seniors activity has continued to pick up progressively during the second half.

In Asia-Pacific, Latam, Middle East and Africa, organic revenue growth was +22.5%, due to strong recovery in volumes and new business wins in China, India and Brazil.

Education
REVENUES BY REGION
(in millions of euro)
FY 2021 FY 2020 ORGANIC GROWTH
North America

North America

FY 2021

2,013

North America

FY 2020

2,569

North America

ORGANIC GROWTH-15.9%
Europe

Europe

FY 2021

963

Europe

FY 2020

824

Europe

ORGANIC GROWTH+16.9%
Asia-Pacific, Latam, Middle East and Africa

Asia-Pacific, Latam, Middle East and Africa

FY 2021

65

Asia-Pacific, Latam, Middle East and Africa

FY 2020

81

Asia-Pacific, Latam, Middle East and Africa

ORGANIC GROWTH+6.7%
EDUCATION TOTAL EDUCATION TOTALFY 20213,041 EDUCATION TOTALFY 20203,475 EDUCATION TOTALORGANIC GROWTH-7.6%

 

Fiscal 2021 revenues in Education were 3.0 billion euro, down -7.6% organically. While the first half was down -31.9%, the second half was up +55.2%, against the peak of the school closures in most countries in the previous year.

FOR THE SECOND HALF ONLY
REVENUES BY REGION
(in millions of euro)
H2 FY 2021 H2 FY 2020 ORGANIC GROWTH
North America

North America

H2 FY 2021

963

North America

H2 FY 2020

681

North America

ORGANIC GROWTH

+47.6%

Europe

Europe

H2 FY 2021

429

Europe

H2 FY 2020

239

Europe

ORGANIC GROWTH

+78.0%

Asia-Pacific, Latam, Middle East and Africa

Asia-Pacific, Latam, Middle East and Africa

H2 FY 2021

30

Asia-Pacific, Latam, Middle East and Africa

H2 FY 2020

26

Asia-Pacific, Latam, Middle East and Africa

ORGANIC GROWTH

+49.5%

EDUCATION TOTAL EDUCATION TOTALH2 FY 20211,421 EDUCATION TOTALH2 FY 2020947 EDUCATION TOTALORGANIC GROWTH+55.2%

In the second half, North America was up +47.6%. Whereas the return to school and universities was slow in the second and third quarters relative to Europe, all sites reopened for the start of the new academic year in August. There was also some summer camp activity and project work during the fourth quarter.

In Europe, revenue was up +78% organically, reflecting reopening in most countries from April, even if there were some class closures and high absenteeism due to the delta variant in the last months of the school year, particularly in the United Kingdom.

In Asia-Pacific, Latam, Middle East and Africa, organic growth was +49.5% reflecting progressive reopening of schools and universities in the region except in India where schools remained closed due to the delta variant.