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RSS FeedsPress Release RESILIENCE AND AGILITY IN Q2 2020 August 6, 2020
(WorldNews Belgium)

 
 

6 august 2020 09:33:45

 
Press Release RESILIENCE AND AGILITY IN Q2 2020 August 6, 2020
(WorldNews Belgium)
 


Results release Q2 2020 RESILIENCE AND AGILITY IN Q2 2020 Strong margin and cash flow performance Summary and highlights Revenues down 29% year-on-year on a reported basis, and down 28% organically1 and trading days adjusted (TDA), impacted by widespread lockdown measures implemented in response to COVID-19 Revenue trend improved as the quarter progressed, with June declining 26% organically and TDA year-on-year and July showing further gradual improvement Resilient gross margin performance, down 20 bps yoy to 18.8%, and down 10 bps organically; supported by strength and balance of portfolio, performance by LHH (career transition) and firm pricing discipline Agile cost management led to...


 
35 viewsCategory: General > Europe > Belgium
 
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