Financials

FINANCIALS: Empresaria reveals fall in profits, but Offshore Services delivers growth

Empresaria’s Offshore Services operations proved to be the shining light in the company’s fortunes in 2023, according to the global specialist staffing group’s annual results.

Revenue growth of almost £4m in Norman Broadbent year-end results

Norman Broadbent has revealed its best financial results in over a decade.

Loan Charge campaigners ‘frustrated’ as HMRC ‘airbrushes’ history

The Loan Charge Action Group (LCAG) has reinforced its calls for a parliamentary inquiry as the loan charge continues to weigh heavily on Westminster.

19 March 2024

Bain and Gray moves to employee ownership trust

London, Soho-based executive secretarial and PA recruiter Bain and Gray has announced its transition to an Employee Ownership Trust (EOT).

FINANCIALS: PageGroup announces 20% fall in UK profits

Falling candidate and client confidence contributed to a nearly 20% drop in gross profits (GP) for PageGroup’s UK operations in Q4 of its 2023 financial year.

15 January 2024

FINANCIALS: Hays announces 10% fall in group fees

Group fees at global recruiter Hays dropped by 10% in the second quarter of the company’s 2024 financial year, the recruiter has announced.

9 January 2024

FINANCIALS: SThree’s Q3 trading update reveals ‘resilience’

STEM recruiter SThree’s trading update shows the global company’s net fees down 7% year-on-year amid ongoing macro-economic weakness.

Life sciences, Engineering 21 September 2023

FINANCIALS: Hahn takes over from Cox at Hays, posts record net fees

Global specialist recruitment firm Hays has announced the appointment of Dirk Hahn as CEO, with effect from 1 September 2023.

24 August 2023

FINANCIALS: Page Group reports drop in half-year profits

Recruitment giant the Page Group reported 2023 half-year gross profit of £526.8m yesterday [7 August], falling off from £538.9m in the same period in 2022.

8 August 2023

London rec-tech start-up raises £176k+ for scale-up

A London recruitment technology company has announced that it has raised more than £176k through 190 investors to scale up its operations.

FINANCIALS: Staffline refinances and transforms balance sheet

Recruitment and training group Staffline has raised gross proceeds of £48.4m in a placing, subscription and open offer on 10 June this year.

22 June 2021

FINANCIALS: SThree posts positive half-yearly results

Global science, technology, engineering and mathematics (STEM) specialist recruiter SThree has said its performance is “ahead of expectations” in its half-year trading update.

FINANCIALS: Staffline posts strong Q1 profits

Recruitment and training group Staffline has reported today that its underlying operating profit increased 133% year-on-year in the first quarter of 2021, with a group restructuring last year generating a £15m savings in overhead costs.

Retail, Transport & logistics 27 April 2021

FINANCIALS: Heidrick & Struggles posts record Q1 revenue

Heidrick & Struggles, a global provider of executive search and leadership advisory services, has posted record net revenue, reflecting a “strong rebound from the global downturn”.

FINANCIALS: Robert Walters reports ‘positive momentum’ for business

Global recruiter Robert Walters reports “profit ahead of expectations” for the first quarter ended 31 March 2021, according to its financial results released today.

FINANCIALS: Gattaca reveals Covid impact in interim report

STEM and contract recruiter Gattaca has today reported continuing net fee income of £21.1m in its interim results for the six months ended 31 January 2021 in the face of “encouraging signs of recovery” from the global pandemic slowdown of recruitment activity.

Life sciences, Engineering 31 March 2021

FINANCIALS: Aviation sector hits Empresaria profits

Covid-19’s impact on the aviation industry hit global specialist staffing group Empresaria, according to the company’s 2020 annual results.

FINANCIALS: SThree reports better than expected results

STEM recruiter SThree reports today [15 March 2021] that its group net fees in Q1 2021 are equalling Q1 2020, with the group’s performance in this year’s first quarter ahead of management expectation.

FINANCIALS: Robert Walters confirms trading update figures in year-end results

Global recruitment firm Robert Walters announced their year-end 2020 financial results today.

2 March 2021

FINANCIALS: Gattaca reports £21.1m NFI

In a trading update for the six months ended 31 January 2021, engineering and technology recruiter Gattaca has said it expects to report net fee income of £21.1m.

FINANCIALS: Randstad reports on ‘solid’ performance

Global recruitment firm Randstad has reported “a solid and competitive performance in an exceptional 2020” in financial results released today.

FINANCIALS: Staffline delivers ‘robust performance’

Recruitment and training group Staffline has delivered “a robust performance” across 2020, in a trading and business update for the year ended 31 December 2020.

2 February 2021

FINANCIALS: SThree sees decline in profits but continued marketshare gains

Global STEM recruiter SThree has announced 2020 adjusted profit before tax of £30.1m, with group net fees for the year declining by 8% year-on-year.

FINANCIALS: Hays reports 19% fall in fees

Global recruiter Hays reports that its total fees for the quarter ended 31 December were down 19%, an improvement of 10% over the previous three-month period, with the underlying net fee exit rate at 16%.

14 January 2021

FINANCIALS: Robert Walters sees 25% profit fall

Global recruiter Robert Walters experienced a 25% drop in group net fee income for the fourth quarter of 2020 year-on-year, according to the company’s trading update.

Top