Business Line PerformanceBy business line, Benefits & Engagement came in above expectations at +17.1% as well as Fleet & Mobility +23.2%.
Positive OutlookPositive outlook: as usual at this stage of the year, the company reiterates its annual medium-term target, including LFL EBITDA growth > 12% and FCF/EBITDA conversion rate > 70%.
RevenueTotal group revenue in Q1 came in 3% above consensus, and importantly the key metric LFL operating revenue growth nicely beat expectations at 16.9%.