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France – DLSI benefits from strong market conditions and growth in nuclear energy sector

17 September 2018

French staffing firm DLSI SA (ALDLS: PAR) reported revenue on Friday for the first half ending 30 June 2018 of €109.6 million, up 11.1% compared with the same period last year.

Earlier this year, the group had provided a trading update for H1 2018.

DLSI attributed the improvement in revenue to market conditions as well as progress in its nuclear energy sector, which grew by 65.3% in the first half.

International operations, which include Switzerland, Luxembourg, Germany and Poland, represented 26.3% of activity in H1 2018. French operations accounted for 73.7% of business activity.

(€ millions) H1 2018 H1 2017 Change
Revenue 109.6 98.6 11.1%
Operating Profit 5.2 4.6 11.7%
Net Income attributable to Group 3.4 2.6 32.3%

“The first and second half of the year show an increase compared to the first and second semester of the previous year,” the group stated. “Sales in June and July again reached their highest level in group history. We are confident in exceeding our forecast of €230 million in sales for 2018. Our group remains open to external growth opportunities in France and Europe.”

In trading on Friday, DLSI shares closed at €21.60, down 0.46% on the day. Based on its current share price the company has a market value of €59.21 million.