Oil and gas growth spurs Brunel International’s results
15 August 2014
Netherlands-based energy recruiter Brunel International’s revenue increased by 13% year on year in the first half of 2014, reaching €681m (£546m).
Fri, 15 Aug 2014Netherlands-based energy recruiter Brunel International’s revenue increased by 13% year on year in the first half of 2014, reaching €681m (£546m).
Oil and gas, Brunel’s largest business segment, demonstrated impressive growth, with revenue increasing 17% year on year to €480.8m (£385.8m) and to almost a third in constant currencies.
Brunel has a market capitalisation of €870 (£698m); its share price was up almost 1% to €17.63 (£14.14) in the 24 hours after the results were posted.
Gains were made on the profitability of the business, with gross margin reaching 17.6%, up from 17.4% last year.
Ebitda (earnings before interest, taxes, depreciation and amortisation) was up by 32% to €35.6m (£28.6m).
Oil and gas, Brunel’s largest business segment, demonstrated impressive growth, with revenue increasing 17% year on year to €480.8m (£385.8m) and to almost a third in constant currencies.
Brunel has a market capitalisation of €870 (£698m); its share price was up almost 1% to €17.63 (£14.14) in the 24 hours after the results were posted.
Gains were made on the profitability of the business, with gross margin reaching 17.6%, up from 17.4% last year.
Ebitda (earnings before interest, taxes, depreciation and amortisation) was up by 32% to €35.6m (£28.6m).
