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France – DLSI full year revenue up 10%, domestic and international show growth

17 April 2018

French staffing firm DLSI SA (ALDLS: PAR) reported revenue for the full year ending 31 December 2017 of €215.3 million, up 10.1% compared with 195.6 million in the same period last year.

(€ millions) FY 2017 FY 2016 Change
Revenue 215.3 195.6 10.1%
Operating Income 10.3 9.6 6.8%
Operating Margin 4.8% 4.9% N/A
Net Income (Group Share) 7.0 6.4 9.6%

DLSI stated that operating income increased under the effects of continued cost control and the impact of the CICE (competitive and employment) tax credit.

Turnover in France accounted for 73% of total turnover. International revenue represented 27% of sales.

Revenue was broken down as follows.

(€ millions) FY 2017 FY 2016 Change
France 156.7 138.2 13.4%
International 58.6 57.3 2.2%

DLSI stated that it is confident in its growth outlook for 2018, and is ready to explore opportunities for external growth.

As of last trade DLSI SA traded at €26.70, down 0.37% on the day and 2.77% below its 52-week high of €27.46, set on 26 June 2017. Based on its current share price the company has a market value of €68.11 million.