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Groupe Crit, French staffing provider with US operations, reports Q4 revenue up 11%

January 31, 2018

Groupe Crit, a French-based staffing firm with operations in the US, reported fourth-quarter revenue rose 10.8% to €615.9 million (US$737.8 million); the increase was 7.5% on a like-for-like and constant currency basis.

Full-year revenue rose 12.7% to €2.42 billion (US$2.90 billion); the increase was 8.5% on a like-for-like and constant currency basis.

US full-year staffing revenue rose 15.3% to €328.6 million (US$393.6 million). Groupe Crit acquired a controlling share in Indiana-based staffing firm PeopleLink in 2011.

French staffing revenue for the full year rose 9.6% on an organic basis to €1.53 billion (US$1.83 billion).

Shares in Groupe Crit were up 0.26%  to €76.90 at close of market in Europe. The company had a market cap of €865.1 million.