/ Breakdown of H1 2020 net revenue by sector
| FINANCIAL | 16% |
|---|---|
| AUTOMOTIVE | 16% |
| TMT | 13% |
| FOOD AND BEVERAGE | 12% |
| HEALTHCARE | 12% |
| NON-FOOD CONSUMER PRODUCTS | 11% |
| RETAIL | 8% |
| LEISURE/ENERGY/LUXURY | 7% |
| OTHER | 5% |
Based on 3,285 clients representing 91% of Groupe’s net revenue.
/ Breakdown of H1 2020 Net revenue by region
| Net revenue | ||||
|---|---|---|---|---|
| (in millions of euros) | H1 2020 | H1 2019 | Reported growth | Organic growth |
| Europe | Europe Net revenue1,088 | 1,296 | -16.0% | -16.5% |
| North America | North America Net revenue3,013 | 2,316 | +30.1% | -3.6% |
| Asia Pacific | Asia Pacific Net revenue434 | 444 | -2.3% | -3.9% |
| Latin America | Latin America Net revenue104 | 144 | -27.8% | -15.7% |
| Middle East & Africa | Middle East & Africa Net revenue135 | 152 | -11.2% | -11.8% |
| Total | Total Net revenue4,774 | 4,352 | +9.7% | -8.0% |
Europe declined by -16.5% on an organic basis in H1 (-16.0% on a reported basis). Excluding the impact of French activities that were shut down in Q2, like our outdoor media operations and the Drugstore, the organic growth in Europe is -12.9%. The performance varied per country, as it reflects different activity mix and local economic situations. It was also impacted in Q2 by the different containment measures that were decided by governments in the main countries of the region. In H1, organic decline was -14.0% in the UK and -17.1%(1) in France. In Germany, organic growth was down -5.3%, also suffering from the lockdown but benefitting from 2019 new business wins in the country.
Net revenue in North America is up by +30.1% in H1, including the positive impact of the Epsilon acquisition. On an organic basis, the region posted a decline in net revenue of -3.6% in H1. The performance was resilient, notably in the US (-3.3%), where the Groupe benefitted from a strong start to the year for all its activities.
(1) Excluding French activities that were shut down during the lockdown, i.e. our outdoor media operations and the Drugstore.