The update, released ahead of interim results on Wednesday 22 August 2018, reveals the international specialist staffing group remains on course to meet market expectations for the full year. However, while adjusted profit before tax is up roughly 2% in H1 2018, NFI is down approximately 1% on H1 2017.

The group pointed to strong results in a number of businesses, particularly within the Americas region, offsetting the previously announced impact of regulatory changes in Germany and Japan, while its strategy of specialisation and diversification has continued to lay the foundations for future profitable growth.

The group adds its recent investment in Grupo Solimano in Peru has strengthened its presence in Latin America. 

Empresaria CEO Spencer Wreford said: “In line with our strategy, we will continue to invest in our existing brands and identify further potential external investments to complement and increase the reach of our network.

“The group continues to work through the impact of regulatory changes in key markets and is well positioned to return those businesses to growth.”

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