Financials

FINANCIALS: Positive momentum across all Randstad geographies

Group revenue for global recruiter Randstad in 2021’s second quarter surpassed 2019 levels.

27 July 2021

FINANCIALS: Robert Walters announces ‘record’ first-half performance

Global recruitment firm Robert Walters has experienced a “record” first-half performance to the half-year ended 30 June 2021, delivering a four-fold increase in pre-tax profits year-on-year.

27 July 2021

FINANCIALS: Heidrick & Struggles reveals record revenue

Heidrick & Struggles International, a global provider of executive search and leadership advisory services, has posted record net revenue in its second quarter ended 30 June 2021.

Executive search 27 July 2021

FINANCIALS: SThree posts first-half rise in revenue and profits

Global specialist staffing firm SThree has announced a rise in revenue and profits ahead of analysts’ estimates, after the recruiter’s first-half operating profit more than doubled as hiring rebounded in some sectors.

Life sciences, Engineering 19 July 2021

FINANCIALS: Page Group profits up

Global recruitment giant Page Group is reporting increased gross profit per fee earner in Q2 this year compared to the Q2s of both 2019 and 2020.

7 July 2021

London rec-tech start-up raises £176k+ for scale-up

A London recruitment technology company has announced that it has raised more than £176k through 190 investors to scale up its operations.

FINANCIALS: Staffline refinances and transforms balance sheet

Recruitment and training group Staffline has raised gross proceeds of £48.4m in a placing, subscription and open offer on 10 June this year.

22 June 2021

FINANCIALS: SThree posts positive half-yearly results

Global science, technology, engineering and mathematics (STEM) specialist recruiter SThree has said its performance is “ahead of expectations” in its half-year trading update.

FINANCIALS: Staffline posts strong Q1 profits

Recruitment and training group Staffline has reported today that its underlying operating profit increased 133% year-on-year in the first quarter of 2021, with a group restructuring last year generating a £15m savings in overhead costs.

Retail, Transport & logistics 27 April 2021

FINANCIALS: Heidrick & Struggles posts record Q1 revenue

Heidrick & Struggles, a global provider of executive search and leadership advisory services, has posted record net revenue, reflecting a “strong rebound from the global downturn”.

FINANCIALS: Robert Walters reports ‘positive momentum’ for business

Global recruiter Robert Walters reports “profit ahead of expectations” for the first quarter ended 31 March 2021, according to its financial results released today.

FINANCIALS: Gattaca reveals Covid impact in interim report

STEM and contract recruiter Gattaca has today reported continuing net fee income of £21.1m in its interim results for the six months ended 31 January 2021 in the face of “encouraging signs of recovery” from the global pandemic slowdown of recruitment activity.

Life sciences, Engineering 31 March 2021

FINANCIALS: Aviation sector hits Empresaria profits

Covid-19’s impact on the aviation industry hit global specialist staffing group Empresaria, according to the company’s 2020 annual results.

FINANCIALS: SThree reports better than expected results

STEM recruiter SThree reports today [15 March 2021] that its group net fees in Q1 2021 are equalling Q1 2020, with the group’s performance in this year’s first quarter ahead of management expectation.

FINANCIALS: Robert Walters confirms trading update figures in year-end results

Global recruitment firm Robert Walters announced their year-end 2020 financial results today.

2 March 2021

FINANCIALS: Gattaca reports £21.1m NFI

In a trading update for the six months ended 31 January 2021, engineering and technology recruiter Gattaca has said it expects to report net fee income of £21.1m.

FINANCIALS: Randstad reports on ‘solid’ performance

Global recruitment firm Randstad has reported “a solid and competitive performance in an exceptional 2020” in financial results released today.

FINANCIALS: Staffline delivers ‘robust performance’

Recruitment and training group Staffline has delivered “a robust performance” across 2020, in a trading and business update for the year ended 31 December 2020.

2 February 2021

FINANCIALS: SThree sees decline in profits but continued marketshare gains

Global STEM recruiter SThree has announced 2020 adjusted profit before tax of £30.1m, with group net fees for the year declining by 8% year-on-year.

FINANCIALS: Hays reports 19% fall in fees

Global recruiter Hays reports that its total fees for the quarter ended 31 December were down 19%, an improvement of 10% over the previous three-month period, with the underlying net fee exit rate at 16%.

14 January 2021

FINANCIALS: Robert Walters sees 25% profit fall

Global recruiter Robert Walters experienced a 25% drop in group net fee income for the fourth quarter of 2020 year-on-year, according to the company’s trading update.

FINANCIALS: Gattaca results ‘overshadowed’ by Covid pandemic

Specialist engineering and technology recruiter Gattaca reports a period “overshadowed by the onset of the Covid-19 pandemic”.

Engineering, IT/Telecoms 5 November 2020

FINANCIALS: Adecco revenues fall by more than €2m

Recruitment giant Adecco Group’s half year 2020 revenues dropped by more than €2m (£1.8m) from the same period last year, according to the company’s half-year report released today.

6 August 2020

FINANCIAL: UK NFI down 31% as Robert Walters sees 21% revenue decline

International professional recruiter Robert Walters became the latest staffing company to reveal the impact of the coronavirus pandemic on its finances, as UK net fee income fell by 31%.

30 July 2020

BDO report on recruitment sector: ‘Wall of cash available to be spent’

Despite the dramatic impact of Covid, funding is not an obstacle for recruitment companies wanting to do deals, “with a wall of cash waiting to be spent”.

29 July 2020
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