Freelance.com in the red: growth slows in the second quarter – 08/29/2023 at 10:09


(AOF) – Freelance.com lost 3.16% to 4.745 euros after announcing a slowdown in growth in the second quarter. The specialist in the relationship between companies and their external talents recorded in the first half a turnover of 419.4 million euros, up 10%. Its business growth fell from 15% in the first quarter to 5% in the second quarter.

In France, Freelance.com achieved consolidated revenue of 280.5 million euros in the first half, representing organic growth of 18%. Internationally, the group recorded consolidated revenue of 138.9 million euros, down 4%.

Freelance.com said it was about to finalize the acquisition of the OpenWork group. This operation will be carried out entirely in cash and financed with equity. Already very present on the wage portage market, the group will strengthen its offer, particularly on the target of consultants looking for a strong digital experience. Freelance.com continues to study external growth opportunities in France and Europe.

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Sector sheet – Business services

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