In Q1 21, organic revenue growth was strong (+6.4%) and was up in all geographic areas (+5% in North America, +6% in Europe, +11% in the rest of world). Growth was driven by staffing and in-house services. The underlying EBITA margin improved by 0.7pt to 3.7% of revenue. The short-term outlook remains positive as volumes in April 2021 are approaching the 2019 levels.
21 Apr 2021
Strong organic growth reflecting economic resumption
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Strong organic growth reflecting economic resumption
In Q1 21, organic revenue growth was strong (+6.4%) and was up in all geographic areas (+5% in North America, +6% in Europe, +11% in the rest of world). Growth was driven by staffing and in-house services. The underlying EBITA margin improved by 0.7pt to 3.7% of revenue. The short-term outlook remains positive as volumes in April 2021 are approaching the 2019 levels.