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View All NewsFrance – DLSI Q3 revenue rises slightly
French staffing firm DLSI SA (ALDLS: PAR), reported revenue on Friday for the third quarter ended 30 September 2019 of €60.9 million, up 0.7% compared to €60.5 million during the same period last year.
The group also reported revenue of €172.2 million for the nine-month period, an increase of 1.2% compared to the same period last year.
(€ millions) | 2019 | 2018 | Change |
Q1 | 51.5 | 49.6 | 3.8% |
Q2 | 59.7 | 59.9 | -0.3% |
Q3 | 60.9 | 60.5 | 0.7% |
9 months | 172.2 | 170.2 | 1.2% |
Revenue for the nine months period was broken down by region below.
(€ millions) | 2019 | 2018 | Change |
France | 119.9 | 124.0 | -3.3% |
International | 52.3 | 46.1 | 13.5% |
Total | 172.2 | 170.2 | 1.2% |
In August 2019 DLSI announced that, through its subsidiary Pemsa, it had acquired MBT AG, a Switzerland-based recruitment agency focused on the electrical and technical sectors.
DLSI Group said it remains open to opportunities for growth in France and Europe.
Thierry Doudot, Chairman of the Management Board, commented, "We are maintaining our strategy, our pricing discipline, rationalising our fixed costs and we will be closer to our customers for to accompany them in their development and their needs in human resources ".
The company last week also announced the sudden passing of Raymond Doudot, Founder of the DLSI Group and Chairman of the Supervisory Board of DLSI.
In trading on Friday DLSI shares closed at €16.85, down 0.58% on the day. Based on its current share price the company has a market value of €42.69 million.