Financials

The SR Group liquidates two German offices

The SR Group’s German companies will formally enter into a solvent liquidation process on 1 May.

30 April 2025

FINANCIALS: Staffline results exceed market expectations

Recruitment group Staffline has announced a strong performance for the year ended 31 December 2024.

Retail, Public sector 8 April 2025

FINANCIALS: Gattaca bucks trend in first half of 2025

Engineering and infrastructure recruiter Gattaca has reported a “robust” financial performance for the first half of 2025.

FINANCIALS: Hays posts mixed six-month results

Hays group net fees dropped by 13% to £496m in the six months ended 31 December 2024, with temporary recruitment and contracting falling by 9% and permanent recruitment by 19%.

24 February 2025

FINANCIALS: FDM Group update reveals fall in revenue

Global professional services provider FDM Group has reported that it expects to achieve £258m revenue for financial year 2024 when it issues its full-year results in March.

FINANCIALS: SThree profits down due to challenging conditions

STEM recruiter SThree reports that its net fees were down 9% year-on-year (YoY).

Life sciences, Engineering 4 February 2025

FINANCIALS: Staffline defies recruitment’s downward trend

Recruitment and training company Staffline Group has reported a 9% increase in gross profits, bucking the recent downward trend posted by recruitment firms.

Retail, Public sector 4 February 2025

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.

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

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.

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.

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

FINANCIALS: Lehne welcomes ‘robust’ half-year performance for SThree

Contract fees were up 3% year-on-year across the majority of its regions, reveals global specialist staffing business SThree.

Life sciences, Engineering 27 June 2023
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