Groupe Crit, a Paris-based staffing firm with operations in the US, reported second-quarter revenue rose 15.8% year over year on an organic, constant currency basis. US staffing revenue rose 3.6% in the second quarter.
The firm’s US operations include Peoplelink Staffing.
| (€ millions) | Q2 2022 | Q2 2021 | % change | % change organic, constant currency | Q2 2022 (US$ millions) |
| First quarter | 523.6 | 437.4 | 19.7% | 18.5% | 549.2 |
| Second quarter | 595.0 | 506.7 | 17.4% | 15.8% | 624.1 |
| Total | 1,118.6 | 944.1 | 18.5% | 17.0% | 1,173.3 |
Temporary staffing revenue in the company’s international operations, which include the US and other non-France markets, rose 4.4% on an organic, constant currency basis to €116.0 million (US$121.7 million).
Meanwhile, staffing revenue in France rose 6.8% in the second quarter to €374.2 million (US$392.5 million).
Overall, temporary staffing revenue at Groupe Crit rose 6.2% in the second quarter on an organic, constant currency basis. The company cited improved activity and noted the business environment is impacted by a talent shortage and geopolitical tensions.
Groupe Crit also has operations at airports. Revenue in that division rose 98.5% in constant currency.
Share price and market cap
Shares in Groupe Crit closed up 3.13% today in Europe to €59.40 (US$60.63); they were 10.2% above their 52-week low, according to FT.com. The company had a market cap of €648.0 million (US$661.4 million).