Crit : Probably among the hardest hit sectors
>Q1 revenues in line with our expectations ahead of a steep decline expected in Q2 - Groupe Crit’s Q1 revenue reached € 505.8m (€ 508.1m expected), i.e. -13.2% reported and -13.6% organic. These revenue figures were bang in line with our expectations. This 13.6% organic decline compares with 2% growth during the benchmark quarter. Business was hit hard during the second half of March with a 75% decrease in the group’s staffing and recruitment activities and a 90% drop...Groupe 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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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