Daily News
View All NewsFrance – DLSI first-quarter revenue increase driven by international growth
French staffing firm DLSI SA (ALDLS: PAR), reported revenue yesterday for the first quarter ended 31 March 2019 of €51.5 million, up 3.8% compared to €49.7 million during the same period last year.
Growth was driven by the international segment while revenue in France saw a slight decline of 1%.
Revenue was broken down as follows
(€ millions) | Q1 2019 | Q1 2018 | Change |
France | 36.1 | 36.5 | -1.0% |
International | 15.4 | 13.2 | 17.1% |
Total | 51.5 | 49.7 | 3.8% |
DLSI added that its nuclear activities nuclear activities continue to perform well with year-on-year growth of 35.6% in the first quarter. The group’s tertiary network Tercio also saw an improvement of 9.3% in the first quarter.
The company added that it is currently reviewing several acquisition projects in France and overseas.
Looking ahead, DLSI expects consolidated revenue of €240 million for the full year ended 31 December 2019, a 4.3% increase from FY 2018. The company said its first quarter figures contributed to its confidence in its FY forecast.
In trading yesterday, DLSI shares traded at €17.30, down 1.9% on the day. Based on its current share price the company has a market value of €43.96 million.