Financials | Recruiter

FINANCIALS: SThree reports 8% drop due to challenging conditions

STEM global recruiter SThree is reporting an 8% year-on-year drop in group net fees against continuing challenging market conditions.

Life sciences, Engineering 24 September 2024

FINANCIALS: Heidrick & Struggles reveals increase in revenue

Heidrick & Struggles International, a provider of global leadership advisory and on-demand talent solutions, has announced financial results for its second quarter ended 30 June, 2024.

Executive search 30 July 2024

FINANCIALS: Staffline performance boosted by blue-collar recruitment

Stepped-up momentum in blue-collar recruitment has driven Staffline to a strong performance in the first half of 2024.

Public sector, Transport & logistics 30 July 2024

UK financial services firms hit with regulatory compliance penalties

A new study has revealed more than a third of UK financial services businesses have faced regulatory compliance penalties.

Legal, Accounting/Finance 30 July 2024

Metric Search secures BGF investment to drive US growth

Specialist recruitment company Metric Search has secured a multi-million-pound investment from BGF, a major growth capital investor in the UK and Ireland.

Oil & gas/Energy, Life sciences 15 July 2024

FINANCIALS: Norman Broadbent profits down but company positive

Executive search and interim management firm Norman Broadbent has announced net fee income of £4.5m, down 14% from H1 2023 and up 36% on H1 2022 in its unaudited trading update for the six months ended 30 June 2024, or H1 2024.

Executive search, Interim recruitment 15 July 2024

Apostle Accounting owes thousands in tax rebate scheme investigation

A company at the centre of a tax rebate scandal owes tens of thousands of pounds after being fined for not complying with money laundering regulations, according to news sources.

Accounting/Finance 23 May 2024

FINANCIALS: ‘Stable’ first quarter for Adecco

Adecco has reported “stable” first-quarter revenues of €5.7m (£4.9m) today [7 May 2024], while experiencing a net negative effect of currency conversion and working days with a net negative impact.

Recruitment Process Outsourcing, Engineering 7 May 2024

FINANCIALS: Hays cites ‘challenging’ conditions on quarterly results

Challenging market conditions were cited by global recruiter Hays as the company saw a 14% fall in group fees year-on-year with actual net fees dropping by 17%.

17 April 2024

FINANCIALS: Gattaca report showcases key initiatives delivered in first half of 2024

Specialist engineering recruiter Gattaca has reported a net fee income (NFI) of £19.7m, down 13% year-on-year in interim results for the six months ended 31 January 2024.

17 April 2024

FINANCIALS: PageGroup profits down as clients’ recruitment budgets tighten

PageGroup has reported “financial deteriorations” across all geographies except India today [15 April 2024] as ongoing market conditions continue to challenge the global recruitment company.

15 April 2024

FINANCIALS: Empresaria reveals fall in profits, but Offshore Services delivers growth

Empresaria’s Offshore Services operations proved to be the shining light in the company’s fortunes in 2023, according to the global specialist staffing group’s annual results.

Recruitment Process Outsourcing 27 March 2024

Revenue growth of almost £4m in Norman Broadbent year-end results

Norman Broadbent has revealed its best financial results in over a decade.

Executive search, Interim recruitment 27 March 2024

Not all doom and gloom as market generated £17.9bn in the past year

Some 70 M&A deals were completed in the UK recruitment sector in 2023, according to the latest ‘Recruitment M&A review’ from BDO.

27 February 2024

Bain and Gray moves to employee ownership trust

London, Soho-based executive secretarial and PA recruiter Bain and Gray has announced its transition to an Employee Ownership Trust (EOT).

Commercial & office support, Executive search 23 January 2024

FINANCIALS: Norman Broadbent posts highest profits in a decade

Executive search and interim management firm Norman Broadbent has announced its highest net fee income (NFI) in over a decade.

Executive search, Interim recruitment 16 January 2024

FINANCIALS: PageGroup announces 20% fall in UK profits

Falling candidate and client confidence contributed to a nearly 20% drop in gross profits (GP) for PageGroup’s UK operations in Q4 of its 2023 financial year.

15 January 2024

FINANCIALS: Hays announces 10% fall in group fees

Group fees at global recruiter Hays dropped by 10% in the second quarter of the company’s 2024 financial year, the recruiter has announced.

9 January 2024

Fresh Perspective secures £30k investment from NPIF

Fresh Perspective Resourcing has secured £30k from the Northern Powerhouse Investment Fund (NPIF) – River & GC Microfinance.

Creative/Digital/Media, IT/Telecoms 18 December 2023

Company insolvencies hit highest levels since global financial crisis

Company insolvencies in England and Wales in the second and third quarters of 2023 have hit their highest since the global financial crisis in 2009, the Insolvency Service (IS) has revealed.

Retail, Transport & logistics 31 October 2023

FINANCIALS: Hays posts profits fall

Hays group fees dropped by 7% year-on-year on a like-for-like basis in its Q1 24 trading results, compared to a record quarter in the previous year.

Engineering, Construction & property 13 October 2023

FINANCIALS: SThree’s Q3 trading update reveals ‘resilience’

STEM recruiter SThree’s trading update shows the global company’s net fees down 7% year-on-year amid ongoing macro-economic weakness.

Life sciences, Engineering 21 September 2023

FINANCIALS: Page Group reports drop in half-year profits

Recruitment giant the Page Group reported 2023 half-year gross profit of £526.8m yesterday [7 August], falling off from £538.9m in the same period in 2022.

8 August 2023

Staffline launches share buyback scheme

Recruitment and training group Staffline will make a series of share repurchases with a view to returning up to £4m to shareholders, the company announced today [1 August 2023].

1 August 2023

FINANCIALS: SThree remains resilient despite dip in profits

Global STEM staffing business SThree delivered a net fee performance of £208.6m for the first half of 2023, the company reported today [25 July].

Life sciences, Engineering 25 July 2023