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France – Groupe Fed turnover up 14% in 2016

24 March 2017

Private French recruitment firm Groupe Fed announced a turnover of €69 million for the full year 2016, up 14% compared to the previous year.

"We are very pleased our turnover exceeded our growth objectives this year,” Alexandre Tamagnaud, co-founder of Groupe Fed, said. 

In 2016, the group’s distribution was 41% temporary workers and 59% CDI / CDD (permanent). Furthermore, in 2016 and early 2017 the group created the Fed Health (Sante Fed) and opened offices in Switzerland, Saint-Denis and Massy (with Fed Finance and Supply Fed).

By the end of 2018, the group plans to create a new recruitment brand and continue its deployment in France and abroad. 

Established in 2001, Groupe Fed specialises in permanent and temporary staffing across 11 different brands.