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View All NewsGroupe 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.