Groupe Crit - Q3 still growing and in line with our forecasts
Group Q3 performance in line with our expectationsNo major change in trend to date, but we must remain cautious in view of the economic contextThe Group offers flexibility in uncertain times, and has a mountain of cash at its disposal, which is an asset in the current context.BUY opinion maintainedGroupe Crit provides HR solutions to companies. Co.'s activities are divided into three segments: Temporary employment and Recruitment; Airport services; and Other services. In the Temporary employment and Recruitment segment, Co.'s offering includes temporary employment, permanent placement, secondment, outsourcing, training and consulting. The Airport services segment includes all services performed on an airplane from its landing to its take-off such as services to passengers and airplanes. The Other services segment comprises services in engineering and maintenance, and miscellaneous activities. At Dec 31 2010, Co. operated 431 branches, and was the partner of more than 25,000 companies.
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