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PIXID named one of Europe’s fastest-growing companies in prestigious FT report

PIXID, the cloud based temporary workforce management and recruitment solutions provider, has been included in the Financial Times’ prestigious FT1000 report.

The list collects together the 1,000 companies in Europe that have achieved the highest percentage growth in revenues between 2012 and 2015. Revenue growth of 165% over that time period sees PIXID sit 613th on the high-profile directory.

Seventy-eight of the companies on the list are based in London, with Paris second with forty- five. PIXID’s recent expansion into the UK market via the acquisition of The Internet Corporation means it is now represented in both of these hubs for innovation and commerce.

Companies wishing to be included for consideration in the list required revenue of at least €100,000 generated in 2012 and a minimum of €1.5m in 2015. Revenue growth also needed to be primarily organic and listed companies’ share prices must not have fallen by more than 25% since 2015.

PIXID’s proprietary technology is currently responsible for filling one in four temporary positons in France and having powered the temporary staff market in France it intends to establish itself as a well-known digital platform for the management of temporary workforce in the UK and the rest of Europe. In order to do so, PIXID has developed a specific myPixid International version of its flagship platform to address the specificities of these new markets.

As part of PIXID’s international expansion strategy, the company plans to enter the top three key markets for temporary workforce, including UK, France and DACH countries by 2018, and the Nordics by 2019.

Since its acquisition of The Internet Corporation (including the Amris, Zao and Empoyee-Check brands), the combined business is forecasted to have turnover of €16m in 2017, with profitable organic growth of 19%.

Etienne Colella, President of PIXID, commented: “Our agile mindset has allowed us to establish ourselves as a key player in France; a track record we intend to replicate in the UK market. We fill 150,000 new temporary roles on a daily basis and are constantly investing in research and development to ensure our proprietary technology continues to lead the market. While we are justifiably proud of our performance internally, it is always pleasing to receive external validation, and being included in this list alongside some esteemed companies from across Europe really puts us on the map.”