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Groupe Crit revenue increases in first half, most growth in France

July 26, 2018

Paris-based Groupe Crit, the parent company of Indiana-based staffing firm Peoplelink, reported revenue rose 4.9% in the first half of the year adjusting for constant currency and acquisitions. Its revenue outside of France rose 1.2%, but fell 4.1% on a reported basis.

(€ millions) H1 2018 H1 2017 % change Q2 2018 (US millions) % change adjusted for currencies and acquisitions
Revenue   € 1,216.6 € 1,174.7 3.6% $1,417.1 4.9%
Revenue from outside France € 284.3 € 296.5 -4.1% $331.1 1%

Groupe Crit provides staffing as well as services to airports.

First-half staffing revenue rose 4.2%, adjusted for currency exchange and acquisitions, to €1.01 billion (US$1.18 billion).

Shares in Groupe Crit were down 3.5% at close of market in Paris to €74.50. The company had a market cap of €826.9 million.