Groupe CRIT Reports Full Year 2024 Earnings

Groupe CRIT (EPA:CEN) Full Year 2024 Results

Key Financial Results

• Revenue: €3.12b (up 23% from FY 2023).
• Net income: €73.0m (flat on FY 2023).
• Profit margin: 2.3% (down from 2.9% in FY 2023). The decrease in margin was driven by higher expenses.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Groupe CRIT Earnings Insights

The primary driver behind last 12 months revenue was the Temporary Work segment contributing a total revenue of €2.60b (83% of total revenue). Notably, cost of sales worth €2.97b amounted to 95% of total revenue thereby underscoring the impact on earnings.Explore how CEN's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Professional Services industry in France.

Performance of the French Professional Services industry.

The company's shares are up 16% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Groupe CRIT that you should be aware of.

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