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France – DLSI Group revenue up 3% in Q4, supply chain difficulties impact staffing demand

16 February 2022

DLSI Group (ALDLS:PAR), a France-based staffing provider, reported fourth-quarter revenue rose 3.2% year over year to EUR 50.9 million. DLSI reported customer demand was negatively affected by difficulties in the supply of raw materials. The company also noted shortages of temporary staff caused by the pandemic.

Fourth-quarter revenue was 17.6% below 2019 fourth-quarter revenue.

DLSI reported revenue for the full year was up 18.2% from 2020, but down 29.0% from 2019.

Revenue

(EUR thousands) FY 2021 FY 2020 % change
French                                    121,104                                    104,451 15.9%
International                                      73,837                                      60,469 22.1%
Total                                    194,941                                    164,920 18.2%

DLSI noted full-year 2021 was marked by dynamic growth on the international front, which accounted for 37.9% of revenue.

Publication of full annual results has been set for 31 March.

Share price and market cap

Shares in DLSI closed up 0.75% to EUR 13.40 in Paris on Wednesday; they were 14.65% below their 52-week high, according to FT.com. The company had a market cap of EUR 33.8 million.

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