Financials

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: Hahn takes over from Cox at Hays, posts record net fees

Global specialist recruitment firm Hays has announced the appointment of Dirk Hahn as CEO, with effect from 1 September 2023.

24 August 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

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

Company insolvencies rise by 16% year-on-year

Company insolvencies in March 2023 were up compared to a year ago and higher than pre-pandemic numbers.

18 April 2023

FINANCIALS: Empresaria reveals 10% growth in profits, 75% growth in Offshore Services

Global specialist staffing group Empresaria has revealed 10% growth in net fee income to £65.4m, with its Offshore Services achieving 75% growth year-on-year.

Recruitment Process Outsourcing, IT/Telecoms 29 March 2023

FINANCIALS: SThree posts consecutive record performance

International recruitment firm SThree has announced its financial results for the year ended 30 November 2022, posting a second consecutive record net fee performance.

Life sciences, Engineering 1 February 2023

Understanding Recruitment Group gives staff 60% shareholder in business

Specialist technology software recruitment consultancy Understanding Recruitment Group has formalised its move to an Employee Ownership Trust (EOT), making its staff a 60% shareholder in the business.

Creative/Digital/Media, Engineering 25 January 2023

Psychometric assessment provider Arctic Shores secures nearly £6m investment

Arctic Shores has secured a £5.75m Series B investment to accelerate the development of its soft-skills assessment and international expansion, specifically in Europe.

HR 16 January 2023

Director of nursing staff recruiter disqualified after wrongful Bounce Back Loan

A director of a temporary nursing staff recruiter in Southampton has been disqualified as a director for 11 years.

Public sector, Social care 22 November 2022

FINANCIALS: Gattaca reveals improved second half year performance

Engineering and technology recruiter Gattaca has revealed its preliminary report for the 2022 financial year, which ended 31 July 2022.

Engineering, IT/Telecoms 7 November 2022
Profit

FINANCIALS: Hays reports record profits

Global recruiter Hays has reported a record financial quarter, with net fees up 15% across the group, and the UK & Ireland seeing fees increase by 11%.

13 October 2022

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

D&A recruiter Harnham in £multi-million investment deal with BGF

Data & analytics recruiter Harnham has announced the completion of a multi-million-pound investment deal with BGF, the UK and Ireland’s active growth capital investor.

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

FINANCIALS: Adecco bids for remaining AKKA Technologies shares

The Adecco Group is to finalise its bid for the remaining shares in global engineering consulting and R&D services firm AKKA Technologies.

17 March 2022

PE investment leads to 25% of M&A deals says BDO report

Private equity investment accounted for a quarter of all M&A deals with UK involvement in 2021, according to the newly published BDO’s M&A Review: Recruitment.

17 February 2022

Kingsley Gate Partners gets investment injection from Crescent Cove Advisors

Executive search firm Kingsley Gate Partners has announced an investment from Crescent Cove Advisors.

Executive search, IT/Telecoms 8 February 2022

Nigel Wright Group regain company ownership thanks to ThinCats

ThinCats, an alternative finance provider to mid-sized SMEs, has provided funding to recruitment firm Nigel Wright Group to purchase all outstanding equity from its institutional shareholders.

Retail, Executive search 3 February 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
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