Financials

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

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).

Commercial & office support, Executive search 23 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: 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

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

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

FINANCIALS: Empresaria’s profits up, but revenue declines

Global and multi-sector recruitment group Empresaria has announced its unaudited interim results for the six months ended 30 June 2021.

Public sector, Healthcare/Medical 12 August 2021

FINANCIALS: Staffline expects revenues and GP to increase

Recruitment and training group Staffline expects its H1 2021 revenues to reach £450.7m, an increase of 4.7% from the same period last year.

Retail, Industrial/Manufacturing 28 July 2021

FINANCIALS: Group revenues up for Adecco

Adecco is reporting “significant revenue improvement” and strong margin performance in its Q2 2021 financial results, announced today (28 July 2021).

28 July 2021

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
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