We have delivered 5.4% revenue growth in local currency, which includes a reduction of two percentage points from a decline in revenue from reimbursable travel costs, meaning apples to apples, 5.4% is in the zone of fiscal year 20 Q2 revenue when you exclude the travel costs related revenue.

Mar 18, 2021 / CEO / receipt, needs a key / Julie Sweet, CEO | earnings call 2021-03-18 | transcript 34420d86-19e3-4813-b627-797b5bd91ed2 | chars 1238-1530 | segment 1

This assumes the impact of FX will be about positive 3% compared to the second quarter of fiscal 20 and reflects an estimated 1 to 4% growth in local currency and includes a reduction of approximately two percentage points from a decline in revenue from reimbursable travel costs.

Dec 17, 2020 / CEO / receipt, needs a key / Julie Sweet, CEO | earnings call 2020-12-17 | transcript d9f1cb5d-d70c-4e67-942f-d98917bde692 | chars 22920-23200 | segment 23

For the full fiscal 21, we now expect our revenues to be in the range of 4 to 6% growth in local currency over fiscal 20. including approximately negative 1% from a decline in revenues from reimbursable travel, based on a 2% reduction the first half of the year and no material impact in the second half of the year.

Dec 17, 2020 / CEO / receipt, needs a key / Julie Sweet, CEO | earnings call 2020-12-17 | transcript d9f1cb5d-d70c-4e67-942f-d98917bde692 | chars 23501-23817 | segment 23

The first is contract profitability was up this quarter, and In contract profitability, we did benefit from lower travel, so that does help our contract profitability overall.

Dec 17, 2020 / CEO / receipt, needs a key / Julie Sweet, CEO | earnings call 2020-12-17 | transcript d9f1cb5d-d70c-4e67-942f-d98917bde692 | chars 26759-26934 | segment 26

You can see that by the fact that we were able to book $27 billion in the last two quarters, but we are not planning on having significant increases in revenue related to travel in the back half of the year.

Dec 17, 2020 / CEO / receipt, needs a key / Julie Sweet, CEO | earnings call 2020-12-17 | transcript d9f1cb5d-d70c-4e67-942f-d98917bde692 | chars 32311-32518 | segment 32

But not only will we anniversary that, but we have adjusted to this new reality of less travel outside of our clients. So of course we are meeting with clients, and yes, we are returning to some client sites, but our H2 revenue assumption does not include a significant increase in travel.

Sep 24, 2020 / CEO / receipt, needs a key / Julie Sweet, CEO | earnings call 2020-09-24 | transcript f2bf07a7-197d-4ea6-90ef-0007bb0c320c | chars 41448-41737 | segment 41

For example, we have restricted travel and asked people to work remotely from home where possible.

Mar 19, 2020 / CEO / receipt, needs a key / Julie Sweet, CEO | earnings call 2020-03-19 | transcript c1e0d6be-b450-4497-8081-c09f5026e7c4 | chars 19085-19183 | segment 18