Daily News

View All News

France – Groupe Crit reports H1 results driven by temporary staffing and recruitment

27 July 2016

French staffing firm Groupe Crit (CEN: FP) reported revenue for the six months ending 30 June 2016 of €1.02 billion, an increase of 11.5% or 11.4% in constant currency (CC) compared with €918.6 million during the same period last year. 

  H1 2016 H1 2015 Change Constant Currency
Revenue €1,024.4 million €918.6 million 11.5% 11.4%

Groupe Crit derives its revenue from two separate division: Temporary Staffing & Recruitment and Airport Services.

Revenue from Temporary Staffing & Recruitment, which accounted for 85.3% of total sales during the period, was broken down as follows: 

       
France €661.6 million €574.8 million 15.1%
International €212.7 million €201.7 million 5.4%
Total €874.2 million €776.7 million 12.6%

In trading yesterday Groupe Crit shares closed at €59.90 down 2.56% on the day and 1.28% below its 52-week high of €61.48, set on 1 July 2016. Based on its current share price, the company has a market value of 673.88 million.