joining Okay, earnings second thanks very And morning, much. for on call. us quarter good everyone, you our thank and
is as as Joining we'll Relations. Investor Burwell, year. quarter and half me Head of remainder Financial the for second our outlook Today Keith, Mitch the Officer the well today first Mike update XXXX here the and for of the review results our Chief of
pleased and adjusted financial the the quarter our XXXX momentum in X% points basis strong results We expansion. growth second our quarter generated I'm continued business. for organic of and operating top-line second margin of XXX with of
margin of solid quarter, which throughout services businesses. in fourth the this and operating our consecutive had each portfolio generated marks segments greater This growth for of business reflecting quarter we’ve growth X% we solutions revenue and our revenue or in our of organic improved demand Likewise, and margins.
the steps company and growth and extremely reflect the improve an as for we've on second long-term This made the for Willis profile quarter significant exciting with to has growth. Towers I quarter I'm the productive results, pleased year-to-date position continued and been our and company's Watson,
great leverage by had businesses. retention and strong rates our driven business our across increased success we've operating new generation, businesses, core core In
over acquisition announce we yesterday Towers On community. we from TRANZACT to TRANZACT the the Willis to completed welcome and XXXX the acquisition talented front, today Watson that I'm colleagues delighted
benefits There of strategy strengthens Towers TRANZACT the is Watson's growth rapidly acquisition and the accelerates healthcare us tremendous The Watson’s Towers space. combination. powerful in around profile Willis this energy healthcare and Willis significantly optimism direct-to-consumer
true acquisition platform Willis by to end the Towers our and Watson and scale, to of it our end the engagement retail consumer adding agility for significantly penetrating with reach TRANZACT a market. Medicare portfolio in healthcare, expertise, and expanse of enhances provides capabilities
for it not the opportunities. are space in success this portion on efficiently trends Also, opens unsubsidized effectively and the of capitalize allows currently driving market in individual us us new widely Medicare serve, service up strategic and do to that space. Medicare the currently secular we positions consumer it offering acquisition the growth that Similarly,
TRANZACT’s over Moreover, leading scale have operational workforce marketplace. a digital tremendous marketing sales licensed capabilities with the excellence agent with will of our XXXX. strengthens and Together edge Medicare private in as growing the Towers and and Watson’s position leader further combined technology expertise, capacity Willis
base client clients believe our healthcare navigate we stakeholders, underserved markets that for so it all Most this important, value can consumers, that and for creates our and individuals we help acquisition options. broadens their
revenue And as For well relationships, creates opportunities. collaborative carrier as significant deeper and our us partners, will our it growth it with greater deliver immediate accretion as to business profitable both partners, especially allow volume. well our develop as for long-term shareholders,
our the and we leading in areas execute We as we TRANZACT, strategies investments continue the growth we'll a business help deliver around to integrated helped position as believe to us portfolio innovation broader improve have to our operate. clients, which proposition value further enhance our well addition in In innovation. continue
solutions we're continuing as is is in we To AMX, new innovative that it important bring we've Life and as specialty that what invest Watson Intelligence. Site, Connected to Towers life. Risk years, an Innovisk solutions, Willis recent of introduced end, several at in Innovation such element to
progress, initiatives organic implemented two further we Building to growth. on recently that this announced we've that inorganic targeted and are create
of at investing in launch strategic insurance, creating ventures, our capital. is technology opportunities and businesses first by growth aimed initiative an strategic and enabled risk human WTW emerging The across digital
of Watson's together existing stage second customer growth potential board growth innovation venture includes pipeline. a supporting will organic markets, investment increase new new create models. Towers committee Willis have The to by initiative the board, the channels will new efforts formation business which to with new that company's our new innovation Working early the help expand the and ideas
company's and alliances the our to capabilities tangible develop core at value delivering our to enhancing is clients. identify ventures and strategic aimed growth strategy by opportunities WTW strategic to
utilize These of new create and or will growth community, company. the areas connections innovation to within organically investments interest the with relationships and industry strategic and clients the to inorganically new in capital source venture initiatives offerings of board support
for move quarter $XX was constant XXXX on movement. as the up basis X% compared negative we on X% year the and a let's second both organic to second this $X and quarter revenue Once prior second revenue of organic quarter Now on billion, results. Recorded across of all again, basis. segments. Reported to up quarter, million currency included our our currency growth experienced on
of second XXX% year on $XXX prior million million, representing was the quarter. $XXX as was second of as for XX% of to up income second $XX prior quarter, adjusted EBITDA revenue, or compared Adjusted Net in thought XX% of the adjusted quarter dollar net $XXX or income increase million, revenue, year X% million, the basis. compared the an an to for EBITDA the
per For increase earnings year. an compared prior per the to diluted increase of X% were compared Adjusted to year. share share were the of XXX% prior diluted reflecting $X.XX $X.XX, an earnings quarter,
margin and Overall, it solid was a and grew had share revenue performance. We quarter. EBITDA earnings enhanced adjusted per
period up organic both basis. to first constant the the pleased reported the on as the same in XXXX currency financial half year X% we're very growth and the For of and for first our of up the revenue results, with year, prior half was compared X%
Adjusted $XXX of XX.X% half first prior XXXX margin increase adjusted the revenue an adjusted representing same the or EBITDA prior period points same for billion over the year. XXX of the XX.X% the or was revenue, $X of in million, year, EBITDA EBITDA period in an of of increase from for basis of
let’s results Now, on unless at otherwise. segments basis more will each of periods, the be clear look our in provide commentary prior some the with segments stated organic comparability specifically To regarding detail. all of
non-core using segment segment well and M&A transaction as do The Segment of our results results. operating exclude unallocated as such corporate resulting as consider discretionary margins which items include certain they calculated from are integration other expenses intangibles, amortization costs, revenues compensation. and to we
to Revenue second HCB human constant quarter year. X% on the prior was our an of capital segment, for largest and basis, and compared organic currency benefits, the up
half first the HCB the For revenues year, grew of organically. X%
with XX%. The this growth Health and of strong Benefits business quarter revenue performance delivered another
ASC The also the the aided adopting revenue by geographies. and of to growth drive revenue certain in while accelerating prior Business revenue and Health continue growth being recognized. year product in America, revenue quarter. revenue not new the in impact the contributed lower New our year’s which resulted XXX, to was standard prior revenue reflect results and in comparable second management share the expansion market North Benefits other benefit appointments global
North X% revenue and Great increased administration work Talent revenue America of Britain, and and solutions increased increased a advisory X%. result rewards as technology in and survey
build primarily business a Western This Britain. was quarter, new growth the activity Europe Great to in and
prior of the While we the in year, a experience revenue from is tough work. impact a which businesses decline of HCB’s most as of from a grew, project comparable mainly did This benefited non-recurring retirement X%. of result
growth XX% compared are service anchored second HCBs and year a operating ability margin quarter. by to HCB is that well into to points the to and the improved clients the strength our basis match issues services has in intellectual many facing. segments the core future. confident the we in by HCB remain XXX offerings, capital prior products deliver
let's risk which increase broking second the year’s organic currency as and compared on quarter. of had X% Now to at basis prior constant corporate a and revenue or a look CRB,
the organically. first For grew year, revenues the half CRB X% of
was quarter, a driven and renewals primarily new Caribbean, of Australasia. Asia well business new as X% and as in North wins America's revenue new result grew growth in business, the business X.X% to wins the revenue and International the higher This as largely by America in Central regions year. compared prior by second
Western in France. satellite business, and growth Sweden, Europe in and large transit contributed and X% addition and launches renewals had strongly Iberia revenue the by business X% from growth predominantly growth, led by activity. two aerospace in accounts, driven in wins with Great mid-market revenue Britain
coupled CRB revenue was the margin top million, line a to The operating management XX% year with as quarter. operating XX% cost compared margin second the expanded performance with to in an continued efforts. margin due prior of $XXX
and of the top last our how pleased say team note, As over going the have outlook CRB like the the expansion made business our forward. all and steady growth am a CRB to margin colleagues management see to remains and on progress side continued is I'd excellent I and with positive our line year
for on prior to basis constant quarter increased $XXX reinsurance to to quarter, business. clear organic revenue year’s compared or lines Turning as with a on increased second IRR, and of the in second and risk the basis investment million X% currency X% acceleration all an
revenues half IRR the first organically. For of X% year, the grew
product technology Services and of growth grew through new consulting X% Investment delegated a insurance combination the from portfolio. segments favorable increased the technology of to growth continued with sales, investment with X%, expansion revenue business lead XX% Reinsurance and net mainly by continue renewals, of
at management reached quarter end. Assets billion under $XXX delegated
from revenue of and business On Alston by by an results growth in organic Gayler. including wholesale overall acquisition basis wholesale XX%, Miller's driven specialty was XX%, up increased
second about grew had Our business $XXX momentum increased quarter. for for year revenue Max of scaling and of businesses. successful prior income. operating the million IRR the of XX% XX% This our line from Overall, alongside business growth to Matthiessen compared improvement an margin of to positive feel IRR XXXX. X% top continue we commission reflects primarily
out business due X% increased segment a outsourcing increasing base. to seasonality second growth in Project shift, prior of enhance services further primarily counts result BDA revenue returned the projects. the scope new segments for client special XX% benefit Individual and from marketplace continues revenue year’s growth. client grew and membership quarter, to for work as revenues quarter to wins this the as by of Revenues this
XX% operating the half in XX% by of the grew BDA with The year margin, X% XXX from up a basis million quarter. first year, negative revenue hit negative BDA second the segment approximately revenue prior organically. points $XXX the For
both operating Top-line growth contributed in margin to improvement. segments leverage the greater
our strategy business Our to about this business. offerings TRANZACT the excited we’re of will of the produce of growth, fundamental potential our enterprise long-term BDA growth growth remain engines addition further the
return thank and progress with continue in second in and meaningful our margin our to growth to revenue So, capital through strong adjusted colleagues results. talented in for delivered the and the very produced another all our recorded colleagues success pleased they dividends. of I'm invest way shareholders their strong our I’d clients like in contributions, We summary XX,XXX our future will expansion growth continued quarter and long-term quarter. serve plus EPS they
energy unwavering dedication their I continue to serving our to creating experience. winning inspired be for client and their and by truly clients passion a
of As bright. we the into forward future and remainder our remains XXXX look beyond
the Mike. Now, I’ll to over call turn
