in Germany and Italy.
“Geographically, developments continue to be diverse. Europe is weakening further. On the other hand, business in North America is accelerating, also driven by the IT Professional
was recorded in Austria (4.5%), the Netherlands (5.1%), Germany and Luxembourg (both 5.4%). The highest rate was seen in the troubled euro countries Spain (24.8%) and Greece (22.5% in April 2012).
%). The Netherlands and Belgium declined at a similar level as in September whereas the declines in France (-/-14%) and Germany (-/-9%) were more pronounced.
The firm anticipate their underlying costs in Q4
Germany revenues were €2.5 million in Q4 2011 compared with €3.2 in Q4 2010. In local currency, this represents a drop in sales of 19%. Exchange rate changes negatively impacted revenue by 1% during