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: Adecco revenue falls 3%

Recruitment giant Adecco has seen a 3% decrease in group revenue year-on-year in Q4 2019.

26 February 2020

FINANCIALS: Revenue falls for Heidrick & Struggles

Global executive search and consulting firm Heidrick & Struggles has seen revenue decline 2.8%, according to the firm’s results for the fourth quarter of the year.

FINANCIALS: RTC Group reveals rise in revenues

Engineering and technical recruiter RTC Group has seen group revenue rise 8%, according to audited results for the year ended 31 December 2019.

Oil & gas/Energy, Engineering 24 February 2020

FINANCIALS: PageGroup posts slight fall in profits

PageGroup has posted a marginal decline gross profit year-on-year, according to a trading update for Q4 and full year 2019.

18 February 2020

FINANCIALS: Kelly Services’ revenue down 5%

Global recruiter Kelly Services has seen revenue decline 5.4% year-on-year, according to results for the fourth quarter of 2019.

FINANCIALS: Randstad results reveal small drop in revenue

Recruitment giant Randstad has reported a slight decrease in revenue year-on-year, according to results for Q4 2019.

11 February 2020

FINANCIALS: US TrueBlue sees decline in revenue

US blue-collar recruiter TrueBlue has seen revenue decline 9% year-on-year, according to the company’s fourth-quarter results for 2019.

FINANCIALS: Challenges in Europe hit ManpowerGroup Q4 revenues

Recruitment giant ManpowerGroup has seen revenues drop 4% year-on-year, according to results for the three months to 31 December 2019.

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.

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