Financials

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.

Loan Charge campaigners ‘frustrated’ as HMRC ‘airbrushes’ history

The Loan Charge Action Group (LCAG) has reinforced its calls for a parliamentary inquiry as the loan charge continues to weigh heavily on Westminster.

19 March 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: 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

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.

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.

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.

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
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