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Segmentation analysisFull year ended 31 December, in millions of euro
| |
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2004 |
2003 |
Increase/ decrease |
Organic growth |
By geography |
|
|
|
|
| |
|
|
|
|
| Total sales |
6,467 |
5,970 |
8% |
8% |
 |
 |
 |
 |
 |
| France |
2,859 |
2,782 |
3% |
2% |
 |
 |
 |
 |
 |
| UK |
840 |
679 |
24% |
19% |
 |
 |
 |
 |
 |
| USA |
495 |
447 |
11% |
20% |
 |
 |
 |
 |
 |
| Netherlands |
478 |
486 |
- 2% |
- 3% |
 |
 |
 |
 |
 |
| Rest of Europe |
1,273 |
1, 111 |
14% |
13% |
 |
 |
 |
 |
 |
| Rest of World |
522 |
465 |
12% |
15% |
| |
|
|
|
|
Total operating income 1) |
240 |
174 |
37% |
|
 |
 |
 |
 |
 |
| Special items 2) |
23 |
- |
|
|
 |
 |
 |
 |
 |
Operating income 1) excluding special items |
217 |
174 |
24% |
21% |
 |
 |
 |
 |
 |
| France |
88 |
78 |
12% |
|
 |
 |
 |
 |
 |
| UK |
53 |
47 |
14% |
|
 |
 |
 |
 |
 |
| USA |
21 |
14 |
55% |
|
 |
 |
 |
 |
 |
| Netherlands |
10 |
11 |
- 10% |
|
 |
 |
 |
 |
 |
| Rest of Europe |
33 |
15 |
117% |
|
 |
 |
 |
 |
 |
| Rest of World |
23 |
20 |
19% |
|
 |
 |
 |
 |
 |
| Corporate expenses |
- 11 |
- 11 |
|
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
By sector |
|
|
|
|
| |
|
|
|
|
| Total sales |
6,467 |
5,970 |
8% |
8% |
 |
 |
 |
 |
 |
| Traditional |
4,337 |
4,110 |
6% |
5% |
 |
 |
 |
 |
 |
| Professional/executive |
2,130 |
1,860 |
15% |
15% |
 |
 |
 |
 |
 |
| IT |
655 |
572 |
15% |
27% |
 |
 |
 |
 |
 |
| Healthcare |
430 |
404 |
7% |
6% |
 |
 |
 |
 |
 |
| Engineering |
363 |
290 |
25% |
22% |
 |
 |
 |
 |
 |
| Accounting |
247 |
214 |
15% |
18% |
 |
 |
 |
 |
 |
| Education |
113 |
115 |
- 2% |
- 6% |
 |
 |
 |
 |
 |
| Other 3) |
322 |
265 |
21% |
12% |
| |
|
|
|
|
Total operating income 1) |
240 |
174 |
37% |
|
 |
 |
 |
 |
 |
| Special items 2) |
23 |
- |
|
|
 |
 |
 |
 |
 |
Operating income 1) excluding special items |
217 |
174 |
24% |
21% |
 |
 |
 |
 |
 |
| Traditional |
111 |
91 |
22% |
|
 |
 |
 |
 |
 |
| Professional/executive |
117 |
94 |
25% |
|
 |
 |
 |
 |
 |
| IT |
33 |
25 |
35% |
|
 |
 |
 |
 |
 |
| Healthcare |
30 |
29 |
2% |
|
 |
 |
 |
 |
 |
| Engineering |
19 |
13 |
40% |
|
 |
 |
 |
 |
 |
| Accounting |
7 |
4 |
115% |
|
 |
 |
 |
 |
 |
| Education |
15 |
16 |
- 8% |
|
 |
 |
 |
 |
 |
| Other 3) |
13 |
7 |
101% |
|
 |
 |
 |
 |
 |
| Corporate expenses |
- 11 |
- 11 |
|
|
 |
 |
 |
 |
 |
 |
 |
 |
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 | |
|
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Sales versus SG&A1Q03 = 100 |
Operating income 4)Before goodwil amortisation in millions of euro |
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Conversion RatioOperating income 4) before goodwill amortisation/Gross profit |
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| 1) |
Before goodwill amortisation. |
| 2) |
See explanation of special items here. |
| 3) |
From 2004, Vedior is reporting its sales derived from outplacement and outsourcing activities as part of 'Other'. The comparative numbers have been adjusted accordingly. |
| 4) |
Excluding special items. | |
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