Strong Core Services Growth
Core services demonstrated strong growth of almost 3% like-for-like, with particular strength in the EMEA and APAC regions, where revenue like-for-like growth was nearly 5%. Quarter-over-quarter growth momentum in core services was 3.5% in Q2 versus 2.3% in Q1.
Improved Client Retention
The company improved client retention and ramped up new businesses globally, particularly in EMEA and APAC, which has been a strong asset for the business over the last 6 months.
EBITDA Margin Stability
The EBITDA margin remained stable at 13.9% on a constant FX basis, despite significant FX headwinds.
Strategic Initiatives and Wins
The company launched its Future Forward strategy, focusing on AI and human collaboration. Significant wins included a large AI deployment deal with a global logistics player and new contracts with a large U.S. financial service provider and in the healthcare segment.
Successful Integration and Expansion
The acquisition of ZP was completed successfully, performing in line with initial plans. Integration of Majorel and advancements in specialized services are progressing well.