January 31, 2023
Mare Nostrum SA (ALMAR:PAR), a Grenoble, France-based human resources provider, reported fourth-quarter momentum across its business lines. Revenue for the quarter rose 11% year-on-year to EUR 46.1 million.
Full-year 2022 revenue is up 10% to 171.4 million euros.
Mare Nostrum announced the results on January 26.
|(millions of euros)|
|the first season||84.6||75.7||12%|
|the third quater||40.8||38.3||7%|
Temporary employees, which account for 86% of revenue, grew 9% year-over-year.
Mare Nostrum noted that industry, agricultural products and transport/logistics accounted for 22 percent of the temporary staff sector’s revenue. The construction sector accounts for 68% of temporary staff income. The company also noted that construction casual labor revenue rose 13% year-on-year to 100 million euros.
stock price and market capitalization
Shares in Mare Nostrum closed 6.17 percent above their 52-week low in Paris on Monday, according to FT.com. The company has a market capitalization of EUR 18.3 million.