Nakama turnover below expectations

International recruiter Nakama expects group turnover for the year ended 31 March 2016 to be below expectations due to “inconsistent” markets and a softening in the UK contracting market, according to a trading update.
Fri, 1 Apr 2016 

International recruiter Nakama expects group turnover for the year ended 31 March 2016 to be below expectations due to “inconsistent” markets and a softening in the UK contracting market, according to a trading update.

The update, published this morning, reveals the group has implemented a new growth strategy over the past six months since the appointment of Rob Sheffield as group chief executive in September 2015.

This strategy has involved changes to the infrastructure of the organisation in all geographies – IT, operations, support, and sales processes and staff, including sales training and management development programmes across all divisions. 

As part of the new strategy, Nakama has also brought about several management changes, and has commited to continue to increase sales headcount across the group. It will continue to grow its global network by making a significant investment in New York. 

According to the statement, Nakama’s directors are confident the changes will show results in the coming year, and they believe that the business is well positioned for growth in the future. 

Nakama’s results for the year ended 31 March 2016 are expected in July 2016.

 

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