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Press release WAVESTONE Paris , October 28 , 2021 , 6pm - 2021/22 H1 revenue of € 217.8m – an increase of + 17 % , equivalent to + 15 % organic growth Revenue - In Єm unaudited consolidated data 2021/22 2020/21 Change Change at constant scope¹ and on a constant forex basis Q1 115.2 94.4 + 22 % + 21 % Q2 102.6 92.4 + 11 % + 9 % H1 217.8 186.8 + 17 % + 15 % 1 Excluding Everest Group consulting , which has been integrated into Wavestone's consolidated accounts since 05/01/2021 . In Q2 of the 2021/22 fiscal year ( July 1 to September 30 , 2021 ) , Wavestone's revenue stood at € 102.6m , up 11 % compared with Q2 of the previous fiscal year . Organic growth , at constant scope and exchange rates , reached + 9 % in Q2 - building on continuing , solid levels of business activity . As a reminder , Q1 benefited from a positive working day impact ( + 3 % ) , as well as especially favorable baseline conditions . Revenue in Q1 2020/21 had reduced by -10 % against the previous fiscal year ( compared with -4 % in Q2 2020/21 ) . Over the whole of H1 2021/22 , Wavestone generated a revenue of € 217.8m , an increase of + 17 % , equivalent to + 15 % at constant scope and forex basis . The working day impact over H1 was up by + 1.4 % . Average daily rate rising and consultant utilization rate remaining high Consultant utilization rate remained at high levels over the whole six - month period , at 78 % , despite a modest decline in Q2 ( 77 % ) . It is therefore above the normative level of 75 % . Average daily rate stood at € 847 over the period , achieving a slight increase compared with Q1 ( € 842 ) . The integration of Everest Group consulting for five months of the six - month period made a positive contribution to sales prices : increasing the average by € 5 . At the half - year point , the objective of stabilizing the average daily rate compared to the previous year ( € 842 in 2020/21 ) therefore appears to be fully secured . At September 30 , 2021 , the firm's order book stood at 3.9 months of work , a reduction compared with the exceptionally high level seen at the end of June 2021 ( 4.3 months ) . Visibility on future projects nevertheless remains excellent . Recruitment plan in line with the annual objective ; increase in staff turnover rate At September 30 , 2021 , Wavestone had 3,476 employees , compared with 3,453 at March 31 , 2021 . Following the trends of the previous quarter , staff turnover rate remains high . At September 30 , 2021 , it stood at 15 % over a 12 - month rolling period , compared with 13 % at the end of Q1 , and a low point of 11 % during the 2020/21 fiscal year . The firm anticipates an annual staff turnover rate in the range 15 % to 20 % - above the 15 % target set at the start of the year .