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View All NewsFrance – DLSI international revenue growth offsets decline in France
French staffing firm DLSI SA (ALDLS: PAR), reported revenue on Friday for the second quarter ended 30 June 2019 of €59.7 million, down 0.4% compared to €59.9 million during the same period last year.
The group also reported H1 revenue of €111.3 million, an increase of 1.5% compared to the same period last year.
(€ millions) | 2019 | 2018 | Change |
Q1 | 51.5 | 49.6 | 3.8% |
Q2 | 59.7 | 59.9 | -0.4% |
H1 | 111.3 | 109.6 | 1.5% |
Growth was driven by the international segment while revenue in France saw a decrease of 3.3% in the first half of 2019.
Revenue for the first half of 2019 was broken down as follows:
(€ millions) | H1 2019 | H1 2018 | Change |
France | 78.1 | 80.8 | -3.3% |
International | 33.2 | 28.8 | 15.1% |
Total | 111.3 | 109.6 | 1.5% |
Nuclear activities were up 14.8% in the first half while revenue in the group’s subsidiary Tercio rose by 10.8%
Looking ahead, the group said it expects consolidated sales of €240 million for the year ended 31 December 2019.
In trading on Friday DLSI shares closed at €17.60, up 0.57% on the day. Based on its current share price the company has a market value of €43.20 million.