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DLSI Group Q4 revenue up amid tough economic environment

19 February 2024

DLSI Group, a France-based staffing provider, reported revenue on Friday after markets closed, for the fourth quarter of €52.6 million, up 1.2%. The group cited a difficult economic environment.

The company also reported revenue for the full year stood at €204.5 million, up 4.0% over the previous year.

 

(€ thousands) 2023 2022 Change  
Q1 46,134 43,083 7.1%  
Q2 53,098 50,156 5.9%  
Q3 52,664 51,438 2.4%  
Q4 52,639 52,009 1.2%  
FY 204,535 196,686 4.0%  

 

Full year revenue by geography

 

(€ thousands) 2023 2022 Change  
France 115,731 119,075 -2.8%  
International 88,804 77,611 14.4%  
Total 204,535 196,686 4.0%  

 

International revenue, was up 11.67% at constant exchange rates), and represented 43.4% of consolidated revenue, mainly in Switzerland, but also in Germany and Luxembourg.

Last month, DLSI announced the acquisition of companies ML Intérim and Prestim, both based in France.

DLSI shares last traded at €13.05, down 1.88% on the day and 6.12% below its 52-week high of 13.90, set on 3 April 2023. The company has a market cap of €33.67 million.