25/03/2025 18:24
2024 annual results
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INFORMATION REGLEMENTEE

Press release March 25th, 2025




2024 Annual results
Resilience of activity and results
New international dimension with OJM integration

Paris (France) March 25, 2025, 5:45 pm - CRIT Group (FR0000036675 – CEN), a major player in temporary work
and airport assistance in France and internationally, announces the results of its 2024 financial year. The financial
statements were approved by the Board of Directors meeting on march 25, 2025.

In M€ 2024 2023
Revenue 3 124.0 2 536.1
EBITDA 149.1 136.5
EBITDA/Revenue 4.8% 5.4%
Current operating income 98.6 96.9
Operating income 96.6 96.9
Financial income 11.6 11.5
Profit before tax 109.0 109.1
Income tax (33.5) (33.9)
Net profit 75.4 75.2
Net profit group share 73.0 72.8

Sustainability information audit is ongoing. Except for any impact of the conclusion of this work, the audit procedures have been carried out.
The certification report on the consolidated financial statements will be issued after the completion of the procedures required for the
registration of the Universal Registration Document. The sustainability report will be issued on the same date as the report on the
consolidated financial statements.


Consolidated revenue up by 23.2%
Temporary work: resilience in France and a new international dimension
Airports: maintaining activity at high levels

2024 full year was marked by a good resilience of activity, particularly in France, and the significant strengthening
of the Group's presence in Europe with the integration of the Italian company Openjobmetis. With a growth of
23.2%, revenue exceeded € 3 billion for the first time. Excluding the acquisition of Openjobmetis, the Group's
organic growth remained positive at 0.9%.

In Temporary work (83.4% of total activity), the Group posted a 26.5% growth with revenue exceeding € 2.6
billion(2). While this increase was driven by the integration of Openjobmetis, revenue was stable on an organic
basis (-0.8%), which is a very satisfactory performance in a difficult market environment.
France : +0.7% (57.3% of the division)
Revenue reached € 1 491.7 million, up 0.7% organically for the year as a whole. The end of the year was
particularly satisfactory with a 1.5% increase in sales in the fourth quarter.

International : +92.6% (42.7% de la division)
The year 2024 was an important year for the Group with the purchase of the remaining 20% of OK JOB
shares in Switzerland and the completion of the acquisition of Openjobmetis in Italy, Europe's fourth largest
temporary employment market.
With this transaction, the Group almost doubles its turnover from temporary work abroad and exceeds
one billion euros in turnover outside France. It amounts to € 1113.1 million compared to € 577.9 million in
2023. Openjobmetis, which will be integrated as of May 2024, will contribute to € 559.2 million to this
revenue over 8 months. On a pro forma basis, this acquisition brings the group's share of total temporary
work activity to 48% of its international turnover (compared to 24% in 2021).
At constant scope and exchange rates, international activity held up well to market conditions and posted
a limited decline of 4.7%, reflecting the difficult general economic context, particularly in the United States.

The Multiservices division (17.7% activity of the period) confirmed its dynamic with revenue of € 553 million (2),
up 9.7%.
Airport activities, which still account for a 76.5% of the division's activity, performed excellently. After a year
2023 already growing by 15%, these activities posted further growth of 9.6%, with revenue of € 422.8 million
(+9.1% at constant scope and exchange rates). This development once again illustrates the strength of the
division's business model, backed by multi-year concessions and the structural dynamics of air traffic. This
dynamic has been driven both by France and internationally.

EBITDA margin at 4.8% and a continued solid financial position

For the full year 2024, the Group's EBITDA amounted to € 149.1 million (1) compared to € 136.5 million in 2023,
up € 12.6 million year-on-year for a margin of 4.8%.
On a pro forma basis (integration of Openjobmetis over 12 months from January 1, 2024), the Group's EBITDA
would have amounted to € 158.5 million and the margin to 4.7%.

In Temporary work, EBITDA was € 100.9 million and the margin was 3.9%.

In the Multiservices division, airport activities generated an EBITDA of € 39.8 million and a margin of 9.4%.

After taking into account depreciation and amortization, current operating income was € 98.6 million compared
to € 96.9 million in 2023. The financial result is a profit of € 11.6 million compared to € 11.5 million achieved in
2023.

After taking into account the tax expense, net income amounted to € 75.4 million compared to €75.2 million in
2023.

As of December 31, 2024, with cash flow from operations of € 149.4 million and a net debt corresponding to a
cash surplus of € 151.0 million, the Group had a solid financial position.

2025 Outlook: ready to confirm despite reduced visibility

In France, in Temporary work, the Group continued to outperform its market in the first months of the year.
Internationally, CRIT Group intends to finalize the integration of OpenjobMetis and remain aggressive in the
implementation of commercial synergies. In the airport sector, growth remains strong and the outlook for air
traffic remains positive.

In view of these elements and with a solid financial position, the Group reaffirms its confidence in its ability to
support the evolution of its markets.
Dividend 2024 : 6 € /share
The General Meeting of Shareholders on June 6, 2025 will propose the payment of a dividend of € 6 per share,
payable on July 4, 2025.


Detailed analysis of foreign exchange and perimeter impacts

In M€ Revenue Change Organic Forex Perimeter
2024/2023 change impact (4) impact (5)
2024 2023
M€ % CA M€ % CA
Temporary work 2 604.8 83.4% 2 059.9 81.2% 26.5% (0.8%) 0.2% 27.1%
Multiservices 553.0 17.7% 504.1 19.9% 9.7% 9.3% 0.4% 0.0%
Airport services 422.8 13.5% 385.8 15.2% 9.6% 9.1% 0.5% 0.0%
Other services 130.3 4.2% 118.2 4.7% 10.2% 10.2% 0.0% 0.0%
BU eliminations (33.8) (1.1%) (27.9) (1.1%) 21.2% 21.2% 0.0% 0.0%
GROUP TOTAL 3 124.0 100.0% 2 536.1 100.0% 23.2% 0.9% 0.2% 22.0%

(1)
Current operating income before depreciation and amortization
(2)
Excluding inter-segment eliminations
(3)
TDA (trading days adjusted) organic growth in turnover which corresponds to organic growth at constant
number of trading days
(4)
The exchange rate impact is computed by applying the previous year’s exchange rates to current-year revenue
denominated in foreign currencies.
(5)
Changes in consolidation perimeter computed by restating revenue for:
 the contribution of entities acquired during the current year and the contribution of entities acquired
the previous year until the anniversary date of their acquisition,
 for entities sold during the current year, the contribution to revenue during the months of the previous
year for which the entities are no longer consolidated in the current year and, for entities sold the
previous year, the contribution to revenue of the previous year until the date of their sale.

Next release :
Q1 2025 revenue: April 23, 2025 after market close

The CRIT Group, a major player in temporary work and airport assistance in France and abroad, is listed on
Euronext Paris (compartment B FR0000036675) and is part of the CAC All-shares and Euronext Family
Business indices.

CONTACTS
Groupe Crit Seitosei.Actifin
Phone : 01.49.18.55.53 Phone : 01.56.88.11.11
communicationfinanciere@groupe-crit.com Investor Relations - Stéphane Ruiz : sruiz@seitosei-actifin.fr
www.groupe-crit.com Press relations - Isabelle Dray : idray@seitosei-actifin.fr
www.seitosei-actifin.com