French online staffing group Freelance.com (EPA: ALFRE) reported revenue of €39.6 million for the third quarter, an increase of 21% when compared to the previous year. The group stated that this is the 11th consecutive quarter of double-digit growth.

Freelance.com also published results for the first nine months of the year with revenue of €128.5 million, up 18% when compared to the same period last year.

In the first nine months of 2018, Freelance.com generated sales of €91.4 million in France, 71% of the group's consolidated total and a growth of 17%.

Internationally (Germany, Morocco, Singapore, Switzerland), revenue for the first nine months increased by 20% to reach € 37.1 million (29% of total sales).

The group said it should end the year with growth in line with the 3rd quarter. Freelance.com added that its ambition remains resolutely to achieve a steady increase in its turnover, continuing to deliver double-digit growth.

Freelance.com will publish its full year and Q4 results on 8 March 2019, after the close of the markets.

On Friday, Freelance.com traded at €1.80, no change on the day and 5.76% below its 52-week high of €1.91, set on 12 January 2018. Based on its current share price the company has a market value of €64.39 million.