Ahead of the release of its final results on 14 March, the international specialist staffing group issued a statement this morning revealing adjusted profit before tax is up around 20% year-on-year, while net fee income is expected to be approximately 17% ahead of the previous year and diluted adjusted earnings per share up around 9% on the prior year.

The group noted strong performances in the UK within professional services and other services (domestic services and new house sales), in Japan in IT & design and in Chile in retail, though technical & industrial sector experienced a challenging year. The group adds it has worked to minimise the impact of changes to temporary worker legislation in Germany and the business in the Middle East has been resized resulting in an improved performance.

With regard to recent acquisitions, the group says it is pleased with how well they have integrated into the business, and its improved performance from its businesses in the US in the second half of the year.

While the group expects to invest in existing brands, it adds it anticipates identifying further potential external investments.

CEO Joost Kreulen said: “Empresaria has demonstrated the benefit of its diversified business model, delivering another record profit in 2017. We are focused on delivering our strategy: strengthening a multi-branded group, with a focus on developing leading brands that are diversified and balanced by geography and sector.”

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