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France – DLSI revenue rises 5.6% in fourth quarter

26 February 2019

French staffing firm DLSI SA (ALDLS: PAR) reported consolidated revenue for the fourth quarter of €59.9 million, an increase of 5.6% when compared with the same period last year.

The company also reported revenue for the full year ending 31 December 2018 of €230.1 million, up 6.9% when compared with the same period last year.

Revenue in France for the full year stood at €159.9 million, up 2.0% when compared to last year. At the same time International revenue rose by 19.8%. DLSI added that Switzerland contributed significantly to international growth.

During the year DLSI acquired Exelteam, a temporary staffing agency based in Paris. The acquisition also includes Exelteam MPC.

DLSI is set to publish its full annual results on 15 April 2019.

As of last trade, DLSI traded at 16.15, no change on the day and 12.54% above the 52 week low of €14.35 set on 27 December 2018. Based on its current share price the company has a market value of €41.05 million.