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Groupe Crit reports Q3 revenue up 3%

October 24, 2018

Global staffing provider Groupe Crit, the parent company of Indiana-based staffing firm Peoplelink, reported revenue rose 3.0% in the third quarter when adjusting for constant currency and acquisitions to a total of €648.8 million (US$752.7 million). International revenue edged up 1.4% in the quarter when adjusting for constant currency and acquisitions.

Groupe Crit, based in Paris, provides staffing as well as services to airports.

For the first nine months of the year, revenue rose 4.3% organically to almost €1.87 billion (US$2.16 billion). International revenue amounted to €435.9 million in the first nine months and was impacted by unfavorable exchange rates. On a like-for-like basis and constant currency, revenue over the period edged up 1.3%.

Shares in Groupe Crit closed down 2.4% today in Paris to €61.50.