Growing, despite the challenging circumstances
As expected, Tempest has not been unaffected by COVID-19 and the impact differs quite substantially between the different service offerings. Risk solutions faced most challenges, mainly attributable to its UK exposure, the divestment of NPA, and reduced activity in GPG, resulting in a sales decline of 37% y/y. Security Solutions was better than we had expected with sales growth of 23% y/y, supported by recent large contract assignments, and the high-margin services within the Other segment also developed favourably.
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