Vedior, which includes recruitment brands Select Appointments, Abraxas, Joslin Rowe and MOT Models, has reported a 16% growth in gross profit in the third quarter of the year to €365.9m.

Operating income increased 25% to €82.8m in the third quarter, compared with €65.6m in the same quarter last year.

Chief executive Zach Miles says: “We continue to focus on improving profitability which has resulted in gross profit increasing faster than sales and an improved operating margin of 4.1%. In this respect, we have made particularly good progress in France, the Netherlands and Australia.”

The company reported that the UK saw positive gains in both operating income and sales. Professional/ executive recruitment achieved better growth in sales and profitability this quarter.

Vedior has also announced that Albemarle Interim Management, its interim management subsidiary, has acquired a 70% interest in Armadillo UK, a UK interim management company.