Earnings release
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Changé , France , April 27 , 2021 PRESS RELEASE ELIGIBLE PEA PME Séché European Rising Tech LABEL Strong activity in Q1 2021 Strong growth confirmed in France Recovery contrasted internationally Contributed revenue¹ at € 170m up + 3.6 % In Q1 2021 , the Group confirmed its return to a good level of activity in its main regions , with a solid increase in revenues at constant scope and exchange rates compared to the same period in 2020 that preceded the health crisis . In particular , France posted strong growth ( + 8 % ) , while International , except Latin America , confirmed its activities were returning to levels close to pre crisis levels in most geographical regions . This good start to the year confirms the Group's expectations for 2021 . With contributed revenue¹ at constant scope of € 170.0m , with an increase of + 2.6 % ( gross data ) and + 3.6 % at constant exchange rates , Séché Environnement confirmed in Q1 2021 the acceleration of its organic growth since mid - 2020 . This good performance does not include the contribution of Spill Tech , a South African company that is being acquired² . Q1 growth was driven by France , which benefited from strong market trends with industrial companies and the high level of industrial production as well as positive effects from the implementation of the circular economy . International markets posted still contrasted performances , with the return of activities to normative levels in Europe and South Africa and still significantly lower in Latin America , while Solarca showed a strong rebound in its operations ( Industrial Services ) in the Rest of the World . ¹ See Appendix 1 : " Definition of contributed revenue " 2 See the press release of January 18 , 2021 The Group thus demonstrates its ability to fully benefit from the economic recovery and the recovery of industrial markets in France and around the world . Séche Environnement is confident that growth will continue to accelerate throughout the year and confirms its targets for 2021 .