FINANCIAL PRESS RELEASE

Friday, 30 October 2020, after market close

Consolidated revenue for the third quarter of 2020

Marked slowdown of the drop in revenue

In the midst of a major public-health crisis, revenue for the first nine months of the 2020 financial year was of €115 593K, compared with €172 295K as at 30 September 2019, representing a drop of 32.9%.

Although the COVID-19 crisis continues to take a toll on the Group's activity, the third quarter of 2020 showed a marked slowdown in the fall of consolidated revenue, which was limited to 22.7% compared with 57.9% the previous quarter.

Consolidated revenue

(€K) as at

2020

Variation

2019

Variation

2018

30 September

Q1

43 320

-16.0%

51 571

+3.8%

49 685

Q2

25 164

-57.9%

59 790

-0.3%

59 980

6 months

68 484

-38.5%

111 361

+1.5%

109 665

Q3

47 109

-22.7%

60 934

+0.7%

60 536

9 months

115 593

-32.9%

172 295

+1.2%

170 201

International activity over the nine-month period was down 17% compared with the first nine months of the previous financial year.

It represents 37.6% of revenue:

Revenue (€K) France &

2020

Variation

2019

Variation

2018

International

France

72 154

-39.8%

119 937

-3.3%

124 062

% of revenue

62.4%

69.6%

72.9%

International

43 439

-17.0%

52 358

+13.5%

46 139

% of revenue

37.6%

30.4%

27.1%

9 months

115 593

-32.9%

172 295

+1.2%

170 201

Nuclear activities reached €4 769K during the third quarter, up 1.3% compared with Q3 2019. Revenue from nuclear activities therefore reached €9 822K, down 19.8% for the first nine months of 2020 compared with the first nine months of 2019.

Revenue from activities in France (62.4% of consolidated sales) is generated by DLSI SA in the Industrial and Construction/Civil Engineering sectors and by its subsidiary, TERCIO, in the Services sector.

Revenue from international activities was generated by the Swiss subsidiary PEMSA (32.4% of consolidated sales), Luxembourg (2.7%), Germany (2.3%) and Poland.

More than ever and in this extremely difficult and unprecedented context of a pandemic, the DLSI Group has managed to stay the course thanks to various strategies implemented in France and abroad, as well as the dedication of all its teams.

A solid financial structure, a strengthened cash position thanks to a government-backed loan of €8M obtained in the second quarter, a flexible and adaptable organization with low fixed costs, a robust business model and tight-knit teams are some of the assets DLSI has available to it as it faces the current crisis and rebuilds its capacity for growth.

Upcoming:

  • Publication of consolidated revenue for the fourth quarter on 17 February 2021 (after market close)

About:

Created in 1992, the DLSI Group represents a network of over 70 agencies located throughout eastern France, from Dunkirk to Lyon, as well as in Paris, the north-west and the Provence-Alpes Côte d'Azur region. The DLSI Group also has locations in Luxembourg, Germany, Switzerland and Poland.

With a foothold in all industries, we offer all employment solutions, from indefinite-term contracts to fixed-term contracts and temporary employment.

Listed on the Euronext Growth market of Euronext Paris since 2006, the Group generated revenue of 232.2 million euros in 2019.

ISIN FR0010404368 - Ticker symbol: ALDLS

DLSI contacts:

  • Financial: Thierry DOUDOT / Anne Marie ROHR - phone: +33 3 87 88 12 80
  • Communications: Jean-Guillaume ROYER / Maël LE NINAN - communication@groupedlsi.com

Follow our news in real time:

Pour lire la suite de ce noodl, vous pouvez consulter la version originale ici.

Attachments

  • Original document
  • Permalink

Disclaimer

DLSI SA published this content on 30 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 October 2020 17:04:09 UTC