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E
Financial
E.1
Operational review
Trusted partner for your Digital Journey
122
Business & PlatformSolutions
E.1.3.2
(In € million)
2016
2015*
%organic
Revenue
3,194
3,169
+0.8%
Operating margin
206.1
199.1
Operating margin rate
6.5%
6.3%
At constant scope and exchange rates.
*
Business & Platform Solutions
revenue
reached € 3,194 million,
was fueled by new Digital Transformation contracts.
up +0.8% at constant scope and exchange rates. The business
incremental services at BMW and Airbus. France also benefited
manufacturers.
from additional projects and volumes with French banks and car
contracts won with Telefonica/O2 and Vodafone, combined with
Germany highly contributed to the growth thanks to new
Nordics as those two geographies managed to mitigate this base
case in the United Kingdom & Ireland and in Benelux & The
with customers such as Metropolitan Police in the UK and in the
effect by new contracts signed and delivered during the year
Telco sector in the Netherlands.
not offset the base effect of one large contract delivered in 2015
with new clients in South America. This business increase could
contracts ended in 2015 such as Toronto Pan American Games,
in Turkey. Revenue in North America was impacted by some
Schlumberger and Daimler. To a lesser extent, this was also the
in Switzerland, new signatures in Italy, and volumes ramp-up
In Other Business Units, growth was generated by new projects
BY GEOGRAPHY
BUSINESS & PLATFORMSOLUTIONS REVENUE PROFILE
Germany
18%
France
27%
United-Kingdom & Ireland
11%
Benelux
& The Nordics
13%
Other countries
31%
first step of profitability turnaround of the Division was achieved
positively impacted the operating margin last year. Overall, this
planned operating margin catch up.
while investing in innovation and new offerings to enhance the
Middle-East & Africa and Asia Pacific areas had to cope with a
projects delivered last year in Turkey and Slovakia. Finally,
base effect from non-recurring items in offshored activities which
year at constant scope and exchange (+40 basis points
successful workforce improvement actions in most of the mature
excluding pension effects) was mainly attributable to the
business recovery through additional volumes in Germany and in
geographies, including Germany, France, the UK and Iberia, and
the comparison basis with the successful completion of large
France. Conversely, Central & Eastern Europe was affected by
revenue. The improvement of +20 basis points compared to last
Operating
margin was € 206.1 million
, representing 6.5% of