Investor Relations
Letter from the CEO
2023 was a significant year for Gi Group Holding. We prepared for our largest acquisition to date: purchasing Kelly Services’ European Staffing business, a leading global specialty talent solutions provider. This transaction led to us welcoming around 1,000 new colleagues from 14 different countries, a moment we officially celebrated together at the beginning of this year.
Gi Group Holding has thus solidified its position of one of the world’s largest staffing firms. We have a presence in 37 Countries, more than 700 branch offices, more than 25,000 client companies, and over 9,000 committed people constantly contributing to our operations.
Despite the challenging macroeconomic environment, which has significantly impacted our sector and our competitors, the Group managed to close the 2023 fiscal year with revenue growth of 6.4% (€3.9 billion) and a doubledigit increase in Gross Profit (10.1%) to €559 million.
Our dimensional growth, supported by an impressive organisational restructuring project completed in 2022 with the establishment of Gi Group Holding S.p.A., was further driven by intense M&A activity.
Download Here the FY2023 Results Preview.
Over the past 26 years, we have completed 51 acquisitions; each contributing to our journey towards creating a sustainable, streamlined, and rewarding global market for candidates and companies.
The acquisition of Kelly European Staffing business is the largest in our history. In 2023, that company posted EUR 759 million in revenues and an EBITDA of EUR 19 million. This strengthens our European presence and capabilities, thus enhancing our ability to contribute positively to the labor market.
In 2023 we continued to strengthen our commitment to ESG criteria. Our aim is to seize the opportunity (and take on the responsibility) to have a positive impact on the evolution of society, through work, inspired by our Sustainable Work Manifesto.
Our organisation is driven by a desire to contribute to the evolution of the labour market, promoting a work culture that can meet the needs of companies, individuals, and society by offering win-win-win solutions.
Thank you for your continued support and trust in Gi Group Holding.
Stefano Colli-Lanzi
CEO & Founder Gi Group Holding