FINANCIALS: HCL expects earnings down in first half of year

Healthcare recruiter Healthcare Locums (HCL) says it expects that it will see EBITDA (earnings before depreciation, amortisation, interest, tax and other announced operating costs) for the first half of 2012 lower than it was in 2011.
Fri, 3 Aug 2012

Healthcare recruiter Healthcare Locums (HCL) says it expects that it will see EBITDA (earnings before depreciation, amortisation, interest, tax and other announced operating costs) for the first half of 2012 lower than it was in 2011.

This is in part due to a number of “unexpected delays in the tendering processes of several national and regional NHS procurement frameworks”, it reports in a trading statement.

The tendering delays in the UK and broader restructuring comes alongside “disappointing” trading in May and June in its Australian nursing agency arm, although adds that the “Board now expects trading to improve in the second half of the year, as Australia moves into its seasonally busier time of the year”.

The trading update statement continues: “Despite the disappointing trading in the first half, the Board remains confident that HCL is well placed to increase its share of NHS framework business and the increased cost it has put into Australia will begin to reap its reward.”

Green energy firm aims to bring skilled jobs to Kent

A green energy company is set to create more than 100 jobs by 2027 with the proposed opening of a £120m plant in Kent.

New to Market 4 June 2025

Hays appoints new CEO UK and Ireland

Recruitment and workforce solutions specialist Hays has appointed Thomas Way (pictured) as CEO of Hays UK and Ireland.

People 2 June 2025

UK Hiring Taskforce launches to develop new hiring strategies

A UK Hiring Taskforce was launched on Friday [16 May 2025] at the Houses of Parliament to develop strategy, technology and policy for “the end-to-end process of hiring in as new a way as possible”.

New to Market 19 May 2025

NEW TO THE MARKET: 28 APRIL-2 MAY 2025

This week’s new launches include: Jobmatch Sweden, Matchtech, Meet Life Sciences, Right Management, Synergy

New to Market 28 April 2025
Top