Financial analysts have given Monster Worldwide, the company formerly known as TMP, a glowing forecast for future performance.

Goldman Sachs in London said that Monster Worldwide is set to outperform the market.

The group is well positioned to sustain 25% compound growth in earnings per share over the next three to five years, say experts, driven by the online market’s rising share in recruitment advertising.

A note to investors commented: “We believe that the recent sharpening of the company’s focus and management team changes provide the basis for a ‘cleaner’

and more consistent earnings growth story, creating upside that is both earnings and multiple expansion driven.”