Groupe Crit, the parent company of Indiana-based staffing firm Peoplelink, reported its international outlook remains favorable. Paris-based Groupe Crit reported staffing revenue rising 4.2% on an organic basis — adjusted for impact of currency and acquisitions — in the first half of this year to €1.01 billion (US$1.18 billion).
International staffing revenue rose 0.3% on an organic basis to €239.3 million (US$278.7 million). In the US, continued improvement in margins remains the priority and Spain should confirm its solid momentum both in terms of growth and profitability, according to the company.
In France, straffing revenue in the first half rose 5.5% on an organic basis to €774.6 million (US$902.2), despite a less-favorable second quarter.
Total revenue, which includes nonstaffing revenue, rose 4.9% on an organic basis.
|(€ millions)||H1 2018||H1 2017||% change||Q2 2018 (US millions)||% change adjusted for currencies and acquisitions|
|Revenue||€ 1,216.6||€ 1,174.7||3.6%||$1,417.1||4.9%|
|Net profit||€ 40.2||€ 31.8||26.4%||$46.8|
Shares in Groupe Crit fell 2.48% at close of market in Paris to €66.80. The company had a market cap of €741.4 million.