International executive search firm Heidrick & Struggles has seen a 22.8% year-on-year decline in European revenues from its recruitment and leadership consulting divisions, according to results for the second quarter ended 30 June 2015.

The results, released yesterday, reveal revenues from the group’s executive search and leadership consulting business in Europe fell to US$24m (£15m) from $31.2m (£19.8m) in Q2 2014.

Across the group, executive search and leadership consulting net revenue fell $2.1m year-on-year to $124.7m.

While net revenue in the Americas rose 7.6% to $75.8m, revenues declined slightly in Asia Pacific by 1.1% to $24.7m over the period.

The group, which offers executive search, leadership consulting and culture-shaping services, saw overall consolidated net revenue fall 2.2% to $133m from $136.1m in Q2 2014.