Total revenue decreased by 2%, to USD 2.78 billion compared to 1Q2015 "driven primarily by a 3% unfavorable impact from foreign currency translation and a 2% decrease in commissions and fees related to net divestitures, partially offset by 3% organic revenue growth", the company pointed out in a statement published on its website.
By divisions, Risk Solutions' total revenue decreased by 1%, to USD 1.87 billion (Q1 operating income increased by 4% y-o-y, to USD 429 million), while HR Solutions' total revenue was down by 4%, to USD 930 million (operating income decreased by 12%, to USD 67 million).
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