08/26/2024 | Press release | Distributed by Public on 08/26/2024 09:46
26 Aug 2024 17:40 CEST
FREELANCE.COM
Freelance.com Press Release - 26 August 2024 2ndquarter 2024 revenue: €258.8m (+23%) 1stsemester 2024 revenue: €517.1m (23%) Freelance.com (Euronext Growth Paris - FR0004187367 - ALFRE), a leader in the relationship between companies and their external talents, has announced its consolidated results for the first semester of 2024 (period from 1 January to 30 June 2024).
In the 2ndquarter, the group's revenue amounted to €258.8 million, a 23% year-on-year growth (+1% organically).
In the 1sthalf, the group's revenue amounted to €517.1 million, a 23% year-on-year growth (+1% organically).
International activities stabilize, growth slows in France Freelance.com's international activities continued to recover over the quarter. The organic decline in sales in Q2 2024 is limited to -1%, despite a strong comparable Q2 2023. These results are attributable to the stabilization of Helvetic Payroll's activities and to year-to-year growth of €2.1m of the Moroccan scope, driven by non-recurring items. Organic growth in France (+1%) continued its slowdown, in line with the last twelve months, affected by difficult market conditions. The Group continues to implement cost and revenue synergies from the recently acquired OpenWork and STA. Guidance of slightly positive organic growth in 2024 is confirmed The integrations of OpenWork on September 1, 2023, and STA on January 11, 2024, raise Freelance.com's combined annual sales above the billion-euro mark and strengthen our position in the external talent management market. We are continuing our review of external growth opportunities in France and Europe. Upcoming events
About Freelance.com Positioned at the heart of the transformation of the labor market, Freelance.com is a European leader in Talent as a Service (TAAS) solutions, connecting large companies with their external talents. The group offers a full range of services: expertise sourcing, project management, commercial support, wage portage, and compliance management. Freelance.com relies on a community of over 150,000 (106,000 in France) qualified consultants and experts, working as freelancers or within highly specialized SMEs, having delivered a total of more than 15,000 services in 2023. With 321 employees and a proforma turnover of 902.6 million euros in 2023, a presence in France and internationally (Switzerland, Belgium, Morocco, England, Germany), Freelance.com is a reference player in the "Future of Work," recognized as one of the "Growth Champions 2023" by Les Echos.
Label: FREELANCE.COM
File: CP Freelance Q224_ENG |
Language: | English |
Company: | Freelance.com |
1, parvis de La Défense | |
92044 PARIS LA DEFENSE CEDEX | |
France | |
Phone: | 0614455821 |
E-mail: | [email protected] |
Internet: | www.freelance.com |
ISIN: | FR0004187367 |
Euronext Ticker: | ALFRE |
AMF Category: | Inside information / News release on accounts, results |
EQS News ID: | 1975247 |
End of Announcement | EQS News Service |
1975247 26-Aug-2024 CET/CEST
Freelance.com
EQS Group
FREELANCE.COM
FR0004187367
ALFRE
Euronext Growth