Financials

FINANCIALS: Staffline results exceed market expectations

Recruitment group Staffline has announced a strong performance for the year ended 31 December 2024.

Retail, Public sector 8 April 2025

FINANCIALS: Gattaca bucks trend in first half of 2025

Engineering and infrastructure recruiter Gattaca has reported a “robust” financial performance for the first half of 2025.

Oil & gas/Energy, Engineering 7 April 2025

FINANCIALS: Hays posts mixed six-month results

Hays group net fees dropped by 13% to £496m in the six months ended 31 December 2024, with temporary recruitment and contracting falling by 9% and permanent recruitment by 19%.

24 February 2025

$6m-valued AI start-up Alfa AI plans to revolutionise recruitment

An AI recruitment start-up has secured more than $625,000 (£494,500) to place the company at a valuation of $6m.

Creative/Digital/Media, IT/Telecoms 24 February 2025

FINANCIALS: SThree profits down due to challenging conditions

STEM recruiter SThree reports that its net fees were down 9% year-on-year (YoY).

Life sciences, Engineering 4 February 2025

FINANCIALS: Staffline defies recruitment’s downward trend

Recruitment and training company Staffline Group has reported a 9% increase in gross profits, bucking the recent downward trend posted by recruitment firms.

Retail, Public sector 4 February 2025

FINANCIALS: Kelly Q3 results show 7.1% decline in revenue

Talent solutions provider Kelly has announced financial results for the third quarter of 2024.

12 November 2024

FINANCIALS: PageGroup profits fall in ‘subdued conditions’

PageGroup has reported that “continued subdued levels of client and candidate confidence” are affecting recruitment decisions, leading to a 13.5% fall in overall profit for Q3 2024, compared with the same time last year.

15 October 2024

FINANCIALS: Hays results hit from hiring slowdown

Global recruiter Hays has started its 2025 financial year with downward movement from its 2024 financial year.

11 October 2024

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. 

Executive search, Interim recruitment 19 May 2020

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.

Recruitment Process Outsourcing, Legal 2 April 2020

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.

Engineering, Industrial/Manufacturing 1 April 2020

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.

Banking/Financial services, Legal 31 March 2020

FINANCIALS: Staffline reveals mixed fortunes due to pandemic

Staffline is encountering mixed fortunes as a result of the coronavirus pandemic.

Retail, Transport & logistics 25 March 2020

FINANCIALS: Randstad cuts dividend payment due to Covid-19 uncertainty

Randstad is to cut its dividend payment for 2019 to retain capital as the recruitment giant contends with the financial uncertainty brought about by the coronavirus outbreak.

23 March 2020

FINANCIALS: Adecco delivers solid results against worsening backdrop

International staffing giant Adecco delivered a solid set of results in 2019.

Creative/Digital/Media, IT/Telecoms 18 March 2020

HOT 100 chart topper Falcon Green sells minority stake

Former Recruiter HOT 100 table-topping construction and engineering recruiter Falcon Green has agreed a deal to sell a minority stake in the business to two private investors.

Engineering, Construction & property 17 March 2020

Slashing Entrepreneurs’ Tax Relief ‘a significant disincentive to invest’ says industry investor

Last week’s Budget announcement by Chancellor Rishi Sunak to slash tax relief for entrepreneurs has been criticised by an investor in recruitment start-ups as “a significant disincentive to invest in and grow high-risk small business”.

17 March 2020

FINANCIALS: SThree flags potential impact of coronavirus but delivers robust net fee performance

Against the backdrop of “increasing global macro-economic uncertainties and challenges”, the CEO of international STEM recruiters SThree has flagged up the threat of the coronavirus to the company’s business.

Life sciences, Engineering 16 March 2020

FINANCIALS: Reports from Capita, Cross Country Healthcare and PageGroup

Capita, Cross Country Healthcare and PageGroup have experienced mixed fortunes in a bumper day for results in the recruitment sector.

Banking/Financial services, Legal 5 March 2020

FINANCIALS: Robert Walters battles against global challenges

International recruitment group Robert Walters delivered a marginal increase in gross profit, despite a turbulent year of political and economic challenges across the globe.

3 March 2020
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