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France — CRIT Q2 2010 revenues up by +19.9%, y-o-y

29 July 2010

Groupe CRIT (CRIT:PAR), the temporary staffing, airport assistance and industrial maintenance group, has announced interim results for the second quarter and the six months ended 30 June 2010.

H1 revenues were up by +14.7% from 528 million Euro in 2009 to 605.5 million Euro in 2010. Q2 revenues were up by +19.9% from 276.6 million Euro in 2009 to 331.8 million Euro in 2010.


Q2 revenues from temporary employment were up by +19.1% to 277.1 million Euro in 2010. Q2 revenues from temporary employment generated in France were up by +19.6%, quarter-on-quarter, to 256 million Euro.

Q2 revenues from temporary employment generated outside France were up by +14%, quarter-on-quarter, to 21 million Euro. Spain (62% of international revenues) was up by +28%.

Revenues generated from multi-services (including airport assistance) were up by +23.7%, quarter on quarter, to 60.1 million Euro. Within multi-services, airport assistance revenues were up +36.2% to 44.3 million Euro.

The group says in a statement "given this successful beginning of year, group CRIT reaffirms its confidence in its capacity to achieve a year of growth in activity and to improve its profitability."

In early trading CRIT's shares were up by +1.28% to 20.60 Euro.

 

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