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View All NewsGroupe Crit reports Q4 revenue up 10% like-for-like
Workforce ecosystem firm Groupe Crit reported fourth-quarter revenue rose 10.2% on a like-for-like basis to €556.5 million (US$586.3 million); revenue was up 11.1% on a reported basis. The Paris-based company has staffing operations in Europe and elsewhere, and it owns South Bend, Ind.-based Peoplelink Group. In addition, Groupe Crit operates in others areas, including providing services to airports.
The company reported staffing and recruitment revenue in France rose 13.9% in the fourth quarter to €363.5 million (US$383.0 million)
International revenue, which includes the US and elsewhere, rose by more than 4% in the fourth quarter to €113.6 million (US$119.7 million).
Full-year 2016 staffing and recruitment revenue rose 11.3% to a total of €1.83 billion (US$1.93 billion). US staffing and recruitment revenue in 2016 remained in line with the previous year and totaled €285.9 million (US$301.2 million)
Groupe Crit reported that going forward, it will benefit in the US from the full-year integration of TeamSoft, a Wisconsin-based IT staffing provider acquired in November.