Organic growth
Fundamental analysisAlso called: Like-for-like growth, Underlying growth
Growth produced by the business the company already owned, excluding revenue consolidated from acquisitions made during the period.
In plain terms
The like-for-like number. A company reporting 18% having bought a third of the increase did not grow 18%.
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Fundamental analysisAlso called: Acquired growth
Revenue and profit added by acquiring another business, consolidated from the acquisition date onwards.
In plain terms
Growth that was bought rather than grown, at a price the revenue line never mentions. A mid-year acquisition flatters two consecutive years, and then stops.
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