Groupe CRIT Reports Modest Revenue Growth in Q1 2024

Groupe CRIT, a prominent temporary work and airport services provider in France and globally, announced a slight increase in revenue for the first quarter of 2024. The company recorded a turnover of €584.5 million, marking a 0.3% rise from €583.0 million in the same period in 2023. Despite challenging economic conditions, the company experienced organic growth of 1.4%.

The temporary work sector, which makes up 80.1% of total activity, saw a decrease of 2.4% in revenue, totaling €468.3 million. Domestic activity in France remained stable, while international revenues fell by 4.2%. In contrast, the multiservices division, accounting for 21% of activity, enjoyed a 12.6% increase in revenue, reaching €122.9 million. This rise was notably led by airport services, which posted an 11.9% increase to €91.7 million.