Nov 16, 2023 / 01:00PM GMT
Adam Dennis Wood - Morgan Stanley, Research Division - European Technology Equity Analyst
Okay, great. I'll start the next session off. It's a great pleasure to have Adyen with us here in Barcelona. Ethan Tandowsky, CFO. Thank you very much for coming and joining us.
Ethan Tandowsky - Adyen N.V. - CFO & Member of the Management Board
Thanks for having me.
Questions and Answers:
Adam Dennis Wood - Morgan Stanley, Research Division - European Technology Equity AnalystIts a pleasure. So look, I think we were just discussing, I mean, it's been a journey over the -- over this year to date. And the question I get from a lot of investors is kind of can we just get a little bit of a better understanding of what's happened and what's going on that you see in a bit more detail than we do.
So I think if we look at second half of last year, the business ex-FX was growing 26%. It dropped down to 19% in the first half of this year. I think everyone was wanting to kind of extrapolate that deceleration was
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