Gross profits up across the board at Harvey Nash
20 February 2014
Global executive recruitment and professional services group Harvey Nash saw its gross profit rise by 9% in the three months to 31 January 2014, compared to the same period last year.
Thu, 20 Feb 2014Global executive recruitment and professional services group Harvey Nash saw its gross profit rise by 9% in the three months to 31 January 2014, compared to the same period last year.
Gross profit from permanent employment was 16% higher, while gross profit form contracting was up by 9% as revenue increased by 24%, according to the company’s trading update issued to the City today.
For the full year ending 31 January 2014, revenue was 17% higher than in the previous year, while gross profit rose by 7%.
Asia Pacific was the group‘s best performing region, where gross profit increased by 58%. In comparison, UK gross profit rose by a relatively modest 10%, though higher than the 3% increase in mainland Europe. US gross profit grew by 18%.
The Harvey Nash board says it expects the results for the full year, due to be announced on 25 April 2014, to be in line with market expectations.
Gross profit from permanent employment was 16% higher, while gross profit form contracting was up by 9% as revenue increased by 24%, according to the company’s trading update issued to the City today.
For the full year ending 31 January 2014, revenue was 17% higher than in the previous year, while gross profit rose by 7%.
Asia Pacific was the group‘s best performing region, where gross profit increased by 58%. In comparison, UK gross profit rose by a relatively modest 10%, though higher than the 3% increase in mainland Europe. US gross profit grew by 18%.
The Harvey Nash board says it expects the results for the full year, due to be announced on 25 April 2014, to be in line with market expectations.
