The Americas region thus displays organic growth of 3.7%. Revenues, however, show a lower increase, barely 0.5% to 1.71 billion francs, weighed down by a negative exchange effect encrypted at 5.1%. On the old continent, the revenues increased from 13.1% to 747.7 million, with a 9.4% acquisition effect. Organic growth stands at 5.5%. In Switzerland, organic growth has been much slower to 0.3%, while turnover only displayed a modest increase from 0.5% to 1.77 billion francs.
Swiss