Italian staffing firm Gi Group reported turnover of €2 billion for the full year 2017, an increase of 20% from last year and a record result for the group.

The group also recorded EBITDA of €60 million for the full year 2017. Gi Group also announced that 57% of its 2017 turnover came from operations in Italy while 43% came from international operations.

At the end of 2017, the group entered the Elite program of the Italian stock exchange, Borsa Italiana, an initiative of the London Stock Exchange Group.

“Over the years, we have evolved from being a local business specialising in contract recruitment to be a global provider with a diversified range of solutions HR,” Stefano Colli-Lanzi, Founder and CEO of Gi Group said. “Today, we are able to offer a higher level of specialisation and diversification which is not an end in itself; is aimed at responding to the ever more complex needs of businesses and people, thus generating value. “Over the coming years, the group intends to continue this trajectory of growth.”

“From a services perspective, we will focus more and more on the diversification of solutions,” Colli-Lanzi said. “We won't rule out, having already started this year, assessing acquisitions in strategic countries, aimed at complementing our global presence, just as we won't rule out a progressive expansion of capital with different instruments, including a quotation on Borsa Italian, from this point of view, our entry into the Borsa Italiana Elite programme is a precise indicator of these interests.”

Gi Group ranks fourth in SIA's list of largest Italian staffing firms.