Financials

FINANCIALS: Recruitment giant Hays reports slip in profits

Group profits at global recruiter Hays slipped by 12% in the company’s Q2 FY25 ended 31 December 2024, Hays revealed in financial results released today.

15 January 2025

FINANCIALS: Robert Walters announces profit fall last quarter

Profits fell in global recruiter Robert Walters’s operations around the world in 2024’s last quarter, the company announced today.

What does the Trump victory mean for the UK economy?

SPECIAL ANALYSIS: In a special report for Recruiter, Julius Probst looks at the effects of a Trump presidency on the UK.

14 January 2025

FINANCIALS: PageGroup posts significant drops in profit worldwide

“Ongoing challenging market conditions” have led global recruitment giant PageGroup to significant drops in profit in most of its regions during Q4 2024.

13 January 2025

FINANCIALS: Kelly Q3 results show 7.1% decline in revenue

Talent solutions provider Kelly has announced financial results for the third quarter of 2024.

12 November 2024

FINANCIALS: Gattaca reports tough market but remains positive

Specialist STEM recruiter Gattaca is entering financial year 2025 with “momentum” in its contractor base.

FINANCIALS: PageGroup profits fall in ‘subdued conditions’

PageGroup has reported that “continued subdued levels of client and candidate confidence” are affecting recruitment decisions, leading to a 13.5% fall in overall profit for Q3 2024, compared with the same time last year.

15 October 2024

FINANCIALS: Hays results hit from hiring slowdown

Global recruiter Hays has started its 2025 financial year with downward movement from its 2024 financial year.

11 October 2024

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.

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.

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.

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.

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.

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

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

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).

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.

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
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