| REVENUES BY REGION(in million euros) | FISCAL 2022 | FISCAL 2021 | ORGANIC GROWTH |
|---|---|---|---|
| North America | North America FISCAL 2022 8,828 |
North America FISCAL 2021 6,514 |
North America ORGANIC GROWTH +24.0 % |
| Europe | Europe FISCAL 2022 7,774 |
Europe FISCAL 2021 7,002 |
Europe ORGANIC GROWTH +13.0 % |
| Asia-Pacific, Latam, Middle East and Africa | Asia-Pacific, Latam, Middle East and Africa FISCAL 2022 3,661 |
Asia-Pacific, Latam, Middle East and Africa FISCAL 2021 3,171 |
Asia-Pacific, Latam, Middle East and Africa ORGANIC GROWTH +11.5 % |
| ON-SITE SERVICES TOTAL | ON-SITE SERVICES TOTAL FISCAL 2022 20,263 |
ON-SITE SERVICES TOTAL FISCAL 2021 16,687 |
ON-SITE SERVICES TOTAL ORGANIC GROWTH +17.0 % |
| REVENUES BY REGION (in million euros) | FISCAL 2022 | FISCAL 2021 | RESTATED ORGANIC GROWTH |
|---|---|---|---|
| North America | North America FISCAL 2022 2,983 |
North America FISCAL 2021 1,859 |
North America RESTATED ORGANIC GROWTH +45.1 % |
| Europe | Europe FISCAL 2022 4,898 |
Europe FISCAL 2021 4,200 |
Europe RESTATED ORGANIC GROWTH +20.3 % |
| Asia-Pacific, Latam, Middle East and Africa | Asia-Pacific, Latam, Middle East and Africa FISCAL 2022 3,285 |
Asia-Pacific, Latam, Middle East and Africa FISCAL 2021 2,825 |
Asia-Pacific, Latam, Middle East and Africa RESTATED ORGANIC GROWTH +11.6 % |
| BUSINESS & ADMINISTRATIONS TOTAL | BUSINESS & ADMINISTRATIONS TOTAL FISCAL 2022 11,167 |
BUSINESS & ADMINISTRATIONS TOTAL FISCAL 2021 8,884 |
BUSINESS & ADMINISTRATIONS TOTAL RESTATED ORGANIC GROWTH +22.7 % |
Fiscal 2022 Business & Administrations revenues totaled 11.2 billion euros, growing +22.7% organically. This is the result of ongoing growth in Energy & Resources and Government & Agencies, the recovery to pre-Covid levels of Sports & Leisure events and a solid return to office in all countries. The trend in the last two months of the year confirms our Work From Home (WFH) estimates made in 2020, even though we are convinced that there is still further improvement to come.
Organic growth in North America was +45.1%, with a progressive return to the office quarter on quarter and a strong recovery in all the Sports & Leisure activities, firstly in the stadiums and then in the convention centers. The Government & Agencies and Energy & Resources segments were both up thanks to new business and a gradual return of office workers on-site, neither segments having been significantly impacted by the pandemic. Although slower than in other regions, the return to the office gathered pace during the year. Many clients chose to enhance their on-site food services to attract their staff back into the office. The new food offers, providing more flexible, more healthy and sustainable meals grew significantly.
In Europe, revenues were up +20.3% organically, driven by the progressive return to the office, strong recovery in the Sports & Leisure activities, first in the sporting events, and then incorporate entertaining and tourism in the second half. Government & Agencies and Energy & Resources were flat for the year, due to respectively the end of the significant Transforming Rehabilitation contract in the UK and weak activity in the energy sector.
In Asia-Pacific, Latam, Middle East and Africa, organic revenue growth was +11.6%. Growth in Corporate Services segment remained solid across all regions, particularly in India, where the Covid-related recovery was strong. Energy & Resources continued to achieve very solid growth, against a backdrop of double digit growth in Fiscal 2020 and Fiscal 2021. New business ramp-ups in Latin America, and particularly in the mining sector, more than offset the lack of new oil & gas projects and some contract losses in the Asia-Pacific region.
