INTERNATIONAL FINANCIALS: Revenue decline slowing, says USG
26 October 2012
Continental Europe-wide recruiter USG People saw an 11% yearly decline in revenues in Q3, but its chief executive Rob Zandbergen says that compared to last year this drop slowed, with some markets seeing a return to growth in September.
Fri, 26 Oct 2012
Continental Europe-wide recruiter USG People saw a 12% yearly decline in revenues in Q3, but its chief executive Rob Zandbergen says that compared to last year this drop slowed, with some markets seeing a return to growth in September.
Net income dropped by 30% to €9.7m (£7.8m), while specialism wise, the general and specialist staffing divisions saw 10% and 15% declines in revenues per working day respectively. The professionals section, which accounted for 7.3% of the company’s €746.2m revenues, saw it grow 6%. See full results here.
Continental Europe-wide recruiter USG People saw a 12% yearly decline in revenues in Q3, but its chief executive Rob Zandbergen says that compared to last year this drop slowed, with some markets seeing a return to growth in September.
Net income dropped by 30% to €9.7m (£7.8m), while specialism wise, the general and specialist staffing divisions saw 10% and 15% declines in revenues per working day respectively. The professionals section, which accounted for 7.3% of the company’s €746.2m revenues, saw it grow 6%. See full results here.
