Grenoble, July 28, 2026, 8:30 a.m. — Mare Nostrum, an HR specialist for SMEs and mid-sized companies, reported consolidated first-half 2026 revenue of €43.7 million. The period was completed entirely under the group’s new scope and highlights Mare Nostrum’s ability to maintain solid activity despite a still difficult environment for temporary work, while continuing to develop higher value-added businesses.

A comparable basis

A new phase of development

After completing in 2025 a major transformation program that included refocusing on its historic businesses, selling non-strategic activities, simplifying its organization, and returning to profitability, Mare Nostrum has entered a new stage of development with a model that is clearer, more agile, and centered on its strategic businesses. The first half of 2026 is therefore the first fully comparable period for the new Mare Nostrum, now focused on four complementary areas: temporary work, HR services, recruitment, and training.

Revenue growth accelerated in the second quarter

After a first quarter affected by a still difficult market environment, Mare Nostrum returned to growth in the second quarter. Revenue reached €23.4 million, up 15.3% from the first quarter. The sequential improvement reflects a gradual recovery in activity despite a market that remains unfavorable for temporary work.

In a French market that continued to trend downward and where companies remained cautious in hiring, the Temporary Work division recorded a sharp rebound in second-quarter revenue. In some periods, the improvement exceeded the levels seen in the same period in 2025, helping limit the decline for the full half year. Temporary Work revenue came to €41.6 million, compared with €45.4 million in the first half of 2025. The positive trend continued in July.

At the same time, the group’s strategic activities continued to gain momentum. That matters for the company’s current transition because the new scope is designed to reduce reliance on a single cyclical line of business while building more resilient revenue streams.

Training increased 5.0% on a comparable basis, supported by the broader scope of Platinum CQFT and stronger support for temporary employees through the rollout of new qualifying training programs.

Recruitment confirmed the commercial momentum initiated after its reorganization, with growth of 11.5% over the period. The business benefited in part from early signs of an economic turnaround among clients, whose order books were once again improving. This trend was further supported by the development of the Health division, launched in early 2025, which has been well received by medical and paramedical operators in a segment that has historically been under pressure.

These performances gradually reflect a rebalancing of the business portfolio toward activities with higher added value and lower cyclicality.

Outlook

Based on these early positive indicators, Mare Nostrum intends to continue executing its strategic roadmap. Emerging from a difficult period, the group has introduced and deployed a new visual identity to support its ambitions and to clarify and strengthen its flagship brands: TRIDENTT, NEPTUNERH, CELTIC, PLATINIUM, ARCADIA, CERES, INALVEA, and IMFAA.

Mare Nostrum remains focused primarily on improving profitability, developing its Training and Recruitment activities, and redeploying its temporary work sales efforts toward key sectors with greater potential: construction and major works, agri-food, and healthcare. These priorities align with the group’s current portfolio mix, where progress in training and recruitment can complement a still pressured temporary work market.

With a now stabilized organization and a deeply transformed business model, Mare Nostrum says it has the foundations needed to fully benefit from the gradual normalization of the employment market.

About Mare Nostrum

For nearly 20 years, the Mare Nostrum group has specialized in human resources management, with expertise in temporary work, recruitment, and training. The group operates across the full employment cycle through a multi-brand offering dedicated to SMEs and mid-sized companies. Mare Nostrum is eligible for the PEA-PME scheme. FR0013400835 — Ticker: ALMAR.

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