FINANCIALS: Group revenues up for Adecco

Adecco is reporting “significant revenue improvement” and strong margin performance in its Q2 2021 financial results, announced today (28 July 2021).

Group revenues were up by 29% to €5,263,000 (£4,481,312) on an organic trading days adjusted basis, compared to €4,181,000 in Q2 2020. Growth was strongest in higher-value activities such as permanent placement (up 88%) and training, upskilling and reskilling (up 78%).

Gross profit was up 39% organically, with growth in all global business units, and gross margin up slightly more than 20%, which the organisation said reflected an improved mix and pricing discipline.

Revenue growth improved across all regions, particularly in France and Southern Europe and EEMENA.

The UK & Ireland, part of the Adecco Northern Europe segment, grew revenues by 14%, compared to 23% growth from the Benelux countries and 30% in the Nordics.

• Comment below on this story. Or let us know what you think by emailing us at [email protected] or tweet us to tell us your thoughts or share this story with a friend.

FINANCIALS: Gattaca NFI exceeds previous period

Specialist engineering and technology staffing business Gattaca has achieved 7% higher net fee income (NFI) in the first half of 2021 than during the same period last year.

Financials 17 August 2021

FINANCIALS: Empresaria’s profits up, but revenue declines

Global and multi-sector recruitment group Empresaria has announced its unaudited interim results for the six months ended 30 June 2021.

Financials 12 August 2021

FINANCIALS: Staffline expects revenues and GP to increase

Recruitment and training group Staffline expects its H1 2021 revenues to reach £450.7m, an increase of 4.7% from the same period last year.

Financials 28 July 2021

FINANCIALS: Positive momentum across all Randstad geographies

Group revenue for global recruiter Randstad in 2021’s second quarter surpassed 2019 levels.

Financials 27 July 2021