Robust Earnings and Continuing Expansion in Q2 of 2017
While specific Q2 2017 financial and strategic performance details for the company are not available, some insights and related data from around that period can be shared.
Organic growth, a non-US GAAP measure that excludes the impact of currency, acquisitions, and divestitures, was a key focus for the company. In Q2 2017, the company reported an organic revenue growth of 6%, trading days adjusted.
The implementation of a segmentation strategy was driving strong growth with small- and medium-sized clients. Additionally, the onsite delivery model for large clients was being implemented.
In terms of workforce, FTE employees increased by 1% in Q2 2017, while SG&A excluding one-offs increased 2%.
EBITA, a non-US GAAP measure that refers to operating income before amortisation and impairment of goodwill and intangible assets, was reported at 4.8% for Q2 2017, negatively impacted by the timing of bank holidays.
Net debt, another non-US GAAP measure, comprises short-term and long-term debt less cash and cash equivalents and short-term investments. The company had a strong cash conversion and a 0.8x net debt to EBITDA ratio, excluding one-offs.
Notably, the company's net income attributable to group shareholders was EUR 192 million in Q2 2017.
Looking ahead, the group CEO, Alain Dehaze, will provide a company update and outlook in a video news release available at 08:00 CET.
In addition to these financial metrics, the company also made strategic moves such as signing a new global partnership with Mya Systems, a leading AI player in HR technology. This partnership is part of the company's digital strategy focus under #FutureFresenius.
Despite the lack of specific Q2 2017 financial figures and strategic progress for the company, these insights provide a glimpse into the company's performance and strategic direction around that period. For more detailed information, a search with a more precise context or company name might yield more accurate results.
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