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.
income
| 2022 | 2021 | % Change | |
| (millions of euros) | |||
| the first season | 84.6 | 75.7 | 12% |
| the third quater | 40.8 | 38.3 | 7% |
| fourth quarter | 46.1 | 41.6 | 11% |
| all | 171.4 | 155.6 | 10% |
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.