FINANCIALS: US staffing strong at Robert Half

A 16.9% year-on-year rise in revenues from US operations was a highlight of professional recruiter Robert Half International’s Q2 2012.
Thu, 26 Jul 2012
A 16.9% year-on-year rise in revenues from US operations was a highlight of professional recruiter Robert Half International’s Q2 2012.

This was a particular boost given that international revenues were down 4.7%, the fifth consecutive quarter where year-on-year growth has shrunk, but the first where it was negative. In Q2 2011, it had come out at 36.5%.The company achieved revenues of $1.03bn (£663m) in the quarter, resulting in net income of $45.3m. These equated to rises of 9.6% and 25.7% respectively on the same period in the previous year.

Each of the six individual vertical divisions of the business saw a rise in revenues. All three business segments (temporary & consulting staffing, permanent staffing and risk consulting & internal audit services) saw rises in gross margin and operating income.

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