In Q3 20, the decrease in organic revenue slowed significantly (-3.6% vs -7.7% in Q2 20). This was attributable to all sectors, geographies and business lines. Digital and cloud services continued to grow by more than 10%. The integration of Altran is on track and the combined group launched three joint offerings in the market. For 2020, guidance was confirmed. Management is targeting a turnaround in organic revenue growth in Q2 21.
27 Oct 2020
Business improvement in Q3 20, 2020 guidance confirmed
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Business improvement in Q3 20, 2020 guidance confirmed
In Q3 20, the decrease in organic revenue slowed significantly (-3.6% vs -7.7% in Q2 20). This was attributable to all sectors, geographies and business lines. Digital and cloud services continued to grow by more than 10%. The integration of Altran is on track and the combined group launched three joint offerings in the market. For 2020, guidance was confirmed. Management is targeting a turnaround in organic revenue growth in Q2 21.