Financials | Page 2

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: PageGroup profits up 14%

PageGroup has reported a group gross profit of £270.5m in its Q3 2022 update, an increase of 14% over the same period in 2021.

Recruitment Process Outsourcing 13 October 2022

FINANCIALS: SThree reports positive update as NFI up

International recruitment firm SThree has presented a positive third-quarter trading update, reporting a 19% increase to £111.8m from £91m in group net fees year-on-year against the same period last year.

Life sciences, Engineering 21 September 2022

FINANCIALS: Gattaca reveals NFI to be ahead of expectations

Specialist engineering and technology staffing solutions business Gattaca has revealed an increase of 4% net fee income (NFI) in a trading update for the 12 months ended 31 July 2022.

Oil & gas/Energy, Engineering 18 August 2022

FINANCIALS: Record first-half year for Robert Walters

Global recruiter Robert Walters has today [1 August 2022] reported a record first-half year performance with group net fee income (NFI) up 27% to £210.5m and operating profit rising by 15% to £27.7m year-on-year.

Recruitment Process Outsourcing, Engineering 1 August 2022

Global recruiter Phoenix raises €1m investment for further growth

Global specialist recruitment firm Phoenix has raised a €1m (£838,428) investment to help fuel growth plans in the UK, Ireland and the US.

Executive search, IT/Telecoms 28 July 2022

Financials: SThree results show profits up by 25%

STEM recruiter SThree’s group net fees increased by 25% in the first half of 2022, compared with a non-Covid affected period.

Life sciences, Engineering 23 June 2022

Sell unused assets to improve cashflow say experts

Businesses are urged to sell unused assets as one of several possible measures to raise capital and improve cashflow.

12 May 2022

FINANCIALS: Hays reports record quarter results

Global recruiter Hays enjoyed a record quarter in the three months ended 31 March 2022, the company has announced.

19 April 2022

SSQ transfers 100% ownership to employees

Global legal talent provider SSQ has converted to being 100% employee owned by an Employee Ownership Trust, the company has announced.

Legal 15 February 2022

Insolvency numbers 20% higher than last year

The latest insolvency figures have shown a 20% increase in corporate insolvencies compared to the same month last year.

3 February 2022

Recruiter’s HOT 100: HOT 10 Technology recruiters

Once again in the HOT 100 it has become even harder to separate between Technology (traditionally described as IT/Telecoms), STEM and Technical (mainly Engineering) skillsets and job roles.

Life sciences, Engineering 3 February 2022

FINANCIALS: Staffline shows increase in revenue

A trading update today [25 January] from Staffline Group has revealed a 1.6% increase, or £15.1m, in revenue in financial year 2021 from FY 2020, with gross profit improving by 11% over the same period.

25 January 2022

Zachary Daniels gives employees majority stake in business

Retail recruitment specialist Zachary Daniels has given its employees a majority stake in the business, the company has announced.

Retail 25 January 2022

Tax and accounting professionals propose ‘fair solution’ to loan charge

A group of tax and accounting sector professionals have written to the Chancellor to resolve the loan charge situation.

13 December 2021

FINANCIALS: Empresaria expects income, profit increases

A trading update from global specialist staffing group Empresaria suggests that the group’s full-year net fee income will be “in the range of” £57m to £59m for the current financial year ending 31 December 2021.

Recruitment Process Outsourcing, Banking/Financial services 26 October 2021

FINANCIALS: Gattaca NFI exceeds previous period

Specialist engineering and technology staffing business Gattaca has achieved 7% higher net fee income (NFI) in the first half of 2021 than during the same period last year.

Engineering, IT/Telecoms 17 August 2021