FINANCIALS: Search Group growth boosted by Henderson Scott acquisition

Nationwide recruitment solutions provider Search Group has reported strong growth in net fee income year-on-year, according to 2018 results.

The group’s results, uploaded to Companies House this week, reveal turnover of £221m, up from £184m in 2017 and NFI of £52.8m, up from £41.2m.

The group’s results were boosted by the August 2018 acquisition of technical and IT recruiter Henderson Scott.

Commenting on the group’s performance, Search Group chief financial officer Stuart Dick said: “The acquisition of Henderson Scott was a significant development for the company, and almost a year on I am delighted with the positive impact of the acquisition, enhancing the group’s reputation in the technology space and bringing greater scale and reach.

“Against a backdrop of political and economic uncertainty, as well as increasingly complex and fast-moving regulatory changes, the UK employment market is one where skills shortages have never been more of an issue for business. I am proud of the role that Search plays, delivering value and expertise to its clients.”

• 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

FINANCIALS: Empresaria Group posts rise in gross profit but fall in revenue

International specialist staffing group Empresaria Group has seen a 6% increase in net fee income year-on-year, according to unaudited interim results for the six-month period ended 30 June 2019.

Financials 21 August 2019

Chemical company Croda construction creates jobs in Yorkshire

The construction of a distribution hub in Goole, Yorkshire is set to create hundreds of new jobs.

19 August 2019

APPOINTMENTS: 19-23 AUGUST 2019

This week’s appointments include: Amerit Consulting, AVROBIO, Bis Henderson Recruitment, Crown World Mobility, Diamond Recruitment, Eames Consulting Group, Hortor, JVP Group, Macildowie, Onezeero, Sphere Digital Recruitment, Thorne & Wait, Wincanton

People 19 August 2019

Ellingham joins Stanton House to manage Asia Pacific

Ross Ellingham has joined professional services & technology recruitment solutions provider Stanton House as managing director of Asia Pacific, based in Hong Kong.

People 16 August 2019
Top