Gi group holding exceeds EUR 4.7 billion in revenues, with international traction

Gi Group Holding continues its growth with turnover exceeding 4.7 billion euros in 2024, up 22.7% year-on-year, with a strong increase in international revenues (+34.5%). The first Italian multinational labour company strengthens its global presence and continues its long-term strategy. As CEO and founder Stefano Colli Lanzi explains, the group 'is investing in scalable innovation, evolution of our people's skills and market specialisation to consolidate our leadership in the long term. We continue to evolve our business model not only to grow, but also to lead the market with responsibility'.

Profitability also improved. Gross profit reached EUR 662.5 million (+18.5%), the gross margin was stable at 14%. Net profit, excluding extraordinary items, rose to EUR 46 million compared to EUR 38 million in 2023.

In the multinational that today operates in 37 countries, Italy is confirmed as the leading market in terms of turnover, accounting for 39.1% of the total, and sees an increase of 8.7% in 2024 over the previous year. "2024 was a crucial year for Gi Group Holding," says Stefano Colli-Lanzi, "We are not only growing in terms of numbers: we are building a more resilient, strategic and people-centred organisation. Despite a market characterised by numerous challenges, we have confidently continued on our path, guided by a long-term vision and a deep commitment to building a sustainable labour market"..

In particular, the results presentation showed that the integration of Kelly Services Europe in 14 countries marked the largest acquisition in the Group's history, significantly expanding operations in Portugal, Switzerland and France and opening up new markets in the Nordic countries, Benelux and Ireland. "This strategic acquisition increases the scope of our business and our service capabilities, enabling us to respond more quickly and effectively to customer needs in Europe. From a financial point of view, it has been a key driver for the 22.7 per cent revenue growth in 2024. At the same time, we maintained a strong performance in all our core businesses, confirming the resilience of our model and our ability to grow at scale,' says Nicola Dell'Edera, Chief Financial Officer.

Among the Group's activities, Staffing, which accounts for 87% of the Group's turnover, continues its evolution through an operating model based on the 'Smarter Proximity' concept, digital enablement and sector specialisation. "With the evolution of our operating model, we are making the Staffing business more competitive, focused and better aligned to customer needs. Smarter Proximity' is not just about service delivery, but represents a transformation of the way we generate value," adds Barbara Bruno, Chief Practice Officer - Staffing.