FINANCIALS: Japanese Recruit Group sees revenues rise

Indeed and Glassdoor owner Recruit Group has seen revenue rise 7% year-on-year, according to results for the nine months to 31 December 2018.

According to results released by the Japanese recruitment firm yesterday, group revenue increased to ¥1,730.4m (£12.2m), with Q3 2018 revenue up 6% year-on-year to ¥587m.

The group also saw operating income increase 15.3% for the nine months to 31 December 2018 to ¥192.1m, with Q3 2018 operating income up 12.6% to ¥65.6m on the same period of last year.

However, revenue from the group’s staffing segment was down 1.5% year-on-year in Q3 2018. While revenue from the group’s Japanese operations was up 7.8% amid strong demand for agency workers, revenue from its overseas operations was down 7.4%, which the group attributed mainly to an uncertain outlook for the European economy, the negative impact of foreign exchange rate movements and the adoption of international financial reporting standard IFRS 15.

Meanwhile the group’s HR technology segment saw revenue increase 48.4% in Q3 2018.

Recruit Holdings acquired career site Glassdoor in May last year. It acquired Indeed back in 2012.

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is recruiter.editorial@redactive.co.uk

CONTRACTS & DEALS: 13-17 MAY 2019

This week’s contracts and deals include: Ceridian, Challenge TRG Group, Christian Aid, Hayward Hawk, Kingdom Services Group, Phoenix Training Services, Recruitment Entrepreneur, Xpress Solutions

Contracts 14 May 2019

FINANCIALS: ClearStar posts positive results with strong rise in revenues

US background checking firm ClearStar has seen revenues rise 13% year-on-year.

Financials 13 May 2019

Boost your recruitment business with teambuilding activities

It’s almost time for recruiters up and down the country to head out on their annual summer days out, but which teambuilding activity would best benefit your businesses?

Lighter Side 13 May 2019

APPOINTMENTS: 13-17 MAY 2019

This week’s appointments include: Carmichael Fisher, Cranford Group, Eames Consulting, Frontline Recruitment, Nigel Wright Group, Pure

People 13 May 2019
Top