After tax profits at specialist IT recruiter Interquest rose to £2.7m for the 12 months ending 31 December 2008, compared to £2.4m for 2007.
Revenue increased by 22% to £105m (2007:£86m).
After tax profits at specialist IT recruiter Interquest rose to £2.7m for the 12 months ending 31 December 2008, compared to £2.4m for 2007.
Revenue increased by 22% to £105m (2007:£86m).
International recruitment services company OPD Group has announced a loss of £2.3m for 2008. This compares with a profit of £7.2m in 2007.
The company says “deteriorating economic conditions” in the second half of 2008 had a “significant impact” on the group’s trading.
Matchtech has announced a 7% increase in pre-tax profits for the six months ended 31 January 2009.
Profit before tax increased to £6.1m compared to £5.7m in the first half of 2008.
Revenue rose by 18% to £138m (2008 H1: £116.6m), while net fee income (NFI) was up 8% to £16.6m (2008 H1: £15.3m).
Spring has issued an trading update ahead of a more detailed update due in early May.
What an action packed fortnight for the staffing sector — takeover speculation, shock management changes, profit warnings and soaring share prices.
Technical recruiter NES has registered companies in Ghana and Madagascar and is planning to open offices in these countries.
Simon Coton, managing director at NES Global, said the openings would help the company service international clients:
International recruiter Empresaria Group has conditionally raised £2.8m through an oversubscribed placing of new shares at 28p per share.
The funds are to grow its international businesses and enable it to maintain the infrastructure and management resource required to take advantage of any economic turnaround.
hyphen, the recruitment outsourcing arm of Spring Group, has renewed its three-year managed service contract with EADS DS, part of the EADS European defence group.
The contract is worth around £24m per year and will see hyphen continue to manage around 300 contingent workers across all skill sets.
The Monster employment index UK recovered slightly in April, rising by 2%. Although this was the second monthly rise in the past three months, the index is down 37% year-on-year
Online job opportunities increased in the healthcare, education, management and consulting, and legal sectors, with online job offerings rising but dipping in construction and in HR.