DLSI Group, a France-based staffing provider, reported revenue on Friday, 14 February, after markets closed, for the fourth quarter of €54.9 million, up 4.4%. The group said it reported growth despite a difficult economic environment.

Outside France, revenue in Q4 2024 was 2.4% lower than in Q4 2023.

The company also reported revenue for the full year stood at €212.2 million, up 3.7% at current exchange rates, but down 5.3% organically, taking into account two acquisitions the company made effective 1 January 2024. The companies acquired were ML Intérim and Prestim.

DLSI said recruitment difficulties in many sectors continued in 2024, contributing significantly to the erosion of revenues in France.

Full year revenue by geography

DLSI added that international activities are stable compared with 2023 at current exchange rates. They represent 41.6% of consolidated revenues.

Revenue in the nuclear sector totalled €16.9 million in 2024, down 0.4% from the previous year.

Meanwhile, executive contracts accounted for 20.58% of revenue in France in 2024, compared with 20.03% in 2023.

“While the current environment remains difficult, the DLSI Group will continue to implement targeted performance actions by adapting its operating expenses and investments, and remains confident in both its business model and its ability to adapt in an uncertain international context,” the company said in a press release. “The company continues to adapt to market challenges, while investing in its organic growth strategy and digital transformation plan to maintain its position as a benchmark player in the temporary employment market.”

DLSI shares last traded on 17 February 2025 at €11.70, down 2.50% on the day and 1.74% above its 52-week low of €11.50, set on 27 January 2025. The company has a market cap of €30.50 million.