Performance drivers include the number of working days and exchange rates
Number of working days
Due to the nature of our business, changes in the number of working days have an impact on our financial performance. In the first quarter, 1.4 less working days (y-on-y) has a negative impact of approximately 1.5 pp. on organic growth.
Exchange rates
Our performance is also affected by changes in exchange rates, especially the Swedish Krona and Norwegian Krona.
Based on exchange rates in the fourth quarter, the negative impact on first-quarter revenue is approximately EUR 10 million. An update on the FX impact will be provided during the month following the first quarter.