Financials

Redwigwam wins investment from Northern Powerhouse to expand

Flexible workers provider Redwigwam has secured investment from the Northern Powerhouse Investment Fund to fuel the next phase of its expansion.

9 June 2020

FINANCIALS: Norman Broadbent reports rise in profits

The Norman Broadbent Group has reported a 12% increase in net fee income (NFI) during January to April 2020 from the same period last year. 

Recruiters don’t have confidence in government CBIL loan scheme

Recruiters lack confidence in the government’s Coronavirus Business Interruption Loan (CBIL) due to continuing prohibitive criteria and lack of response.

Rec-to-rec 27 April 2020

FINANCIALS: Randstad stops cash bonuses for executive board

Global recruiter Randstad will not be giving its executive board cash bonuses this year. 

22 April 2020

HMRC suspends tax enquiries to businesses under investigation

HMRC is suspending enquiries into taxpayers and businesses that are under investigation, in the wake of the Covid-19 pandemic, news reports revealed today.

14 April 2020

FINANCIALS: Hays looks to raise equity to reinforce business

Hays has announced plans to raise £200m in equity as the recruitment giant contends with the coronavirus pandemic.

2 April 2020

FINANCIALS: Robert Walters stops dividend payment

International recruiter Robert Walters has revealed it will no longer propose a final dividend for the financial year 2019.

FINANCIALS: Gattaca ceases operations in China

Gattaca says the ongoing coronavirus pandemic will inevitably affect its profitability, with the technical recruiter revealing it is to cease operations in China.

FINANCIALS: Hudson Global reports solid growth with 50+% rise in revenue

Global talent solutions firm Hudson Global has reported a 53.5% increase in revenue year-on-year buoyed by “solid” growth in Europe and Australia.

FINANCIALS: Staffline predicts profits to be down following accounting review

Staffline now expects full-year 2019 profits to be materially below previous predictions.

31 January 2020

FINANCIALS: Offshore recruitment division boosts Empresaria’s growth

International specialist staffing group Empresaria has seen net fee income growth of 2% year-on-year in constant currency, according to a trading update for the year to 31 December 2019.

FINANCIALS: SThree profits up but down in UK & Ireland

International STEM staffing business SThree has seen net fee income climb 5% year-on-year in constant currency.

Oil & gas/Energy, Engineering 27 January 2020

FINANCIALS: Norman Broadbent sees increase in NFI

Professional services staffing specialist Norman Broadbent has seen a 15% increase in group net fee income on 2018.

27 January 2020

FINANCIALS: Cpl Resources sees rise in profits

Irish workforce solutions group Cpl Resources has seen a 10% increase in net fee income year-on-year, according to results for the half year ended 31 December 2019.

23 January 2020

Financials: Hays hit by business confidence and events in certain markets

Recruitment giant Hays has posted a 7% decrease (-4% like for like) in net fee income year-on-year, according to a quarterly update for the quarter to 31 December 2019.

16 January 2020

FINANCIALS: Hydrogen remains confident in trading update

Hydrogen Group says it expects profits to be broadly in line with current management expectations, according to a trading update for 2019.

Oil & gas/Energy, Life sciences 16 January 2020

FINANCIALS: PageGroup profits up, but UK falls nearly 5%

Global recruiter PageGroup has seen UK gross profit fall 4.8% year-on-year, according to results for Q4 2019.

FINANCIALS: Early signs of UK confidence says Robert Walters

There are early tentative signs of a return to hiring confidence in the UK following a year plagued by uncertainty around Brexit, according to industry veteran Robert Walters.

FINANCIALS: Staffline slashes profit forecasts again after ‘most challenging year’

Staffline has slashed its profit forecasts for the second time in three months after a difficult fourth quarter that brought to an end what the CEO describes as “a most challenging year”.

18 December 2019

FINANCIALS: SThree Group reports rise in profits

International STEM staffing business SThree has seen net fee income climb 5% year-on-year, according to a trading update for the financial year ended 30 November 2019.

Oil & gas/Energy, Engineering 12 December 2019

FINANCIALS: China’s 51job reports rise in revenues

51job, a provider of integrated human resource services in China, has seen revenues rise 3.6%, according to unaudited financial results.

HR 15 November 2019

FINANCIALS: Prime People posts increase in revenue and profits

Prime People, a global group of specialist recruitment businesses in the built environment, engineering and IT sectors, has seen a rise in year-on-year revenue and net fee income.

FINANCIALS: Staffing 360 Solutions sees fall in annual revenue

US and UK-based recruitment group Staffing 360 Solutions has seen annual revenue decrease 5.6% year-on-year, according to Q3 2019 results.

13 November 2019

FINANCIALS: Kelly Services shows fall in revenue

Global recruiter Kelly Services has seen revenue decline 5.6% year-on-year, according to results for the third quarter of 2019.

Engineering, IT/Telecoms 7 November 2019

FINANCIALS: Gattaca reduces debt and reveals slight rise

Specialist engineering and technology recruiter Gattaca has reported a marginal increase in revenue and a significant reduction in debt in its preliminary results.

Engineering, IT/Telecoms 6 November 2019
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