FINANCIALS: Staffing firm TrueBlue’s revenues rise in Q3
24 October 2013
TrueBlue, one of the largest industrial staffing firms in the US, saw revenues rise nearly a fifth and net income up by a third in the financial quarter ending 27 September.
Thu, 24 Oct 2013TrueBlue, one of the largest industrial staffing firms in the US, saw revenues rise nearly a fifth and net income up by a third in the financial quarter ending 27 September.
Revenues of $451m (£327m) compared with $379m in the same period in 2012, and net income of $19m was up from $14m last year, according to results available via the company's website.
And the firm, which acquired 37-branch recruiter The Work Connection earlier this month, its third acquisition this year, is looking for further acquisitions.
Chief executive officer Steve Cooper says: “We are encouraged by the strong demand for our services and believe there are opportunities ahead to pursue additional acquisitions that fit our strategies and enhance our ability to serve our customers.”
Cooper says revenues made this year will “add approximately $300m of go-forward annual revenue”.
Revenues of $451m (£327m) compared with $379m in the same period in 2012, and net income of $19m was up from $14m last year, according to results available via the company's website.
And the firm, which acquired 37-branch recruiter The Work Connection earlier this month, its third acquisition this year, is looking for further acquisitions.
Chief executive officer Steve Cooper says: “We are encouraged by the strong demand for our services and believe there are opportunities ahead to pursue additional acquisitions that fit our strategies and enhance our ability to serve our customers.”
Cooper says revenues made this year will “add approximately $300m of go-forward annual revenue”.
