Fri, 30 Oct 2015Dutch recruiter USG People has seen year-on-year revenue increase by 9.7%, according to its financial results for the three months to 30 September 2015.

The results, published this morning, reveal revenue rose to €684.1m (£490.6m) in the quarter from €623.8m in Q3 2014.

Underlying Q3 2015 earnings before interest, taxes and amortisation (EBITA) increased 28% to € 37.0m from € 28.8m in the same quarter last year, while underlying net income rose to €22.9m from € 17.7m in Q3 2014.

USG People chief executive Rob Zandbergen said in a statement: "In the third quarter, we accelerated our growth once again.

“In the Netherlands, Belgium and France, our focused organisation enabled us to gain market share. The growth in our services continued to be strong, both for large clients and in the small and medium-sized business segment. 

“We were able to realise this growth amid lower expenses, resulting in a strong improvement in our profitability.”