REVENUES BY REGION (in millions of euro) |
H2 FY 2021 | H2 FY 2020 | ORGANIC GROWTH |
---|---|---|---|
North America | North America H2 FY 20211,346 |
North America H2 FY 20201,394 |
North America ORGANIC GROWTH+1.9% |
Europe | Europe H2 FY 2021928 |
Europe H2 FY 2020760 |
Europe ORGANIC GROWTH+18.7% |
Asia-Pacific, Latam, Middle East and Africa | Asia-Pacific, Latam, Middle East and Africa H2 FY 2021150 |
Asia-Pacific, Latam, Middle East and Africa H2 FY 2020122 |
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.
REVENUES BY REGION (in millions of euro) |
FY 2021 | FY 2020 | ORGANIC GROWTH |
---|---|---|---|
North America | North America FY 20212,013 |
North America FY 20202,569 |
North America ORGANIC GROWTH-15.9% |
Europe | Europe FY 2021963 |
Europe FY 2020824 |
Europe ORGANIC GROWTH+16.9% |
Asia-Pacific, Latam, Middle East and Africa | Asia-Pacific, Latam, Middle East and Africa FY 202165 |
Asia-Pacific, Latam, Middle East and Africa FY 202081 |
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.
REVENUES BY REGION (in millions of euro) |
H2 FY 2021 | H2 FY 2020 | ORGANIC GROWTH |
---|---|---|---|
North America | North America H2 FY 2021963 |
North America H2 FY 2020681 |
North America ORGANIC GROWTH+47.6% |
Europe | Europe H2 FY 2021429 |
Europe H2 FY 2020239 |
Europe ORGANIC GROWTH+78.0% |
Asia-Pacific, Latam, Middle East and Africa | Asia-Pacific, Latam, Middle East and Africa H2 FY 202130 |
Asia-Pacific, Latam, Middle East and Africa H2 FY 202026 |
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.