Financials

FINANCIALS: Staffline posts strong Q1 profits

Recruitment and training group Staffline has reported today that its underlying operating profit increased 133% year-on-year in the first quarter of 2021, with a group restructuring last year generating a £15m savings in overhead costs.

Retail, Transport & logistics 27 April 2021

FINANCIALS: Heidrick & Struggles posts record Q1 revenue

Heidrick & Struggles, a global provider of executive search and leadership advisory services, has posted record net revenue, reflecting a “strong rebound from the global downturn”.

Recruitment Process Outsourcing, Executive search 27 April 2021

FINANCIALS: Robert Walters reports ‘positive momentum’ for business

Global recruiter Robert Walters reports “profit ahead of expectations” for the first quarter ended 31 March 2021, according to its financial results released today.

Recruitment Process Outsourcing, Interim recruitment 14 April 2021

FINANCIALS: Gattaca reveals Covid impact in interim report

STEM and contract recruiter Gattaca has today reported continuing net fee income of £21.1m in its interim results for the six months ended 31 January 2021 in the face of “encouraging signs of recovery” from the global pandemic slowdown of recruitment activity.

Life sciences, Engineering 31 March 2021

FINANCIALS: Aviation sector hits Empresaria profits

Covid-19’s impact on the aviation industry hit global specialist staffing group Empresaria, according to the company’s 2020 annual results.

Recruitment Process Outsourcing, Engineering 18 March 2021

FINANCIALS: SThree reports better than expected results

STEM recruiter SThree reports today [15 March 2021] that its group net fees in Q1 2021 are equalling Q1 2020, with the group’s performance in this year’s first quarter ahead of management expectation.

Oil & gas/Energy, Life sciences 15 March 2021

FINANCIALS: Robert Walters confirms trading update figures in year-end results

Global recruitment firm Robert Walters announced their year-end 2020 financial results today.

2 March 2021

FINANCIALS: Gattaca reports £21.1m NFI

In a trading update for the six months ended 31 January 2021, engineering and technology recruiter Gattaca has said it expects to report net fee income of £21.1m.

Engineering, Industrial/Manufacturing 17 February 2021

FINANCIALS: Randstad reports on ‘solid’ performance

Global recruitment firm Randstad has reported “a solid and competitive performance in an exceptional 2020” in financial results released today.

Public sector, Healthcare/Medical 9 February 2021

FINANCIALS: Staffline delivers ‘robust performance’

Recruitment and training group Staffline has delivered “a robust performance” across 2020, in a trading and business update for the year ended 31 December 2020.

2 February 2021

FINANCIALS: SThree sees decline in profits but continued marketshare gains

Global STEM recruiter SThree has announced 2020 adjusted profit before tax of £30.1m, with group net fees for the year declining by 8% year-on-year.

Engineering, Industrial/Manufacturing 25 January 2021

FINANCIALS: Hays reports 19% fall in fees

Global recruiter Hays reports that its total fees for the quarter ended 31 December were down 19%, an improvement of 10% over the previous three-month period, with the underlying net fee exit rate at 16%.

14 January 2021

FINANCIALS: Robert Walters sees 25% profit fall

Global recruiter Robert Walters experienced a 25% drop in group net fee income for the fourth quarter of 2020 year-on-year, according to the company’s trading update.

Transport & logistics, Creative/Digital/Media 12 January 2021

FINANCIALS: Gattaca results ‘overshadowed’ by Covid pandemic

Specialist engineering and technology recruiter Gattaca reports a period “overshadowed by the onset of the Covid-19 pandemic”.

Engineering, IT/Telecoms 5 November 2020

FINANCIALS: Adecco revenues fall by more than €2m

Recruitment giant Adecco Group’s half year 2020 revenues dropped by more than €2m (£1.8m) from the same period last year, according to the company’s half-year report released today.

6 August 2020

FINANCIAL: UK NFI down 31% as Robert Walters sees 21% revenue decline

International professional recruiter Robert Walters became the latest staffing company to reveal the impact of the coronavirus pandemic on its finances, as UK net fee income fell by 31%.

30 July 2020

BDO report on recruitment sector: ‘Wall of cash available to be spent’

Despite the dramatic impact of Covid, funding is not an obstacle for recruitment companies wanting to do deals, “with a wall of cash waiting to be spent”.

29 July 2020

FINANCIALS: Revenue falls 6.9% at Heidrick & Struggles

International executive search firm and talent consultancy Heidrick & Struggles saw its revenue fall by 6.9% in the first six months of 2020, according to results announced today.

Executive search 28 July 2020

FINANCIALS: Revenue down 13% as RTC Group latest recruiter hit by pandemic

Aim-listed engineering and technical recruiter RTC Group is the latest public company to reveal the impact of the coronavirus pandemic, reporting a 13.3% fall in revenue for the six months to 30 June.

Engineering, Industrial/Manufacturing 27 July 2020

FINANCIALS: Parity Group ‘encouraged by return of activity and prospects’

Data and technology focused professional services group Parity Group says it is “encouraged by the recent return of activity and prospects”.

Executive search, IT/Telecoms 22 July 2020

FINANCIALS: Pandemic accelerated trends in our favour, says SThree CEO

The CEO of international STEM recruiter SThree says the group is well positioned to take advantage of the accelerating trends for demand for STEM skills and the growth of flexible working.

Engineering, IT/Telecoms 20 July 2020

FINANCIALS: Manpower swings to loss

Global staffing giant ManpowerGroup swung from profit to loss compared to the same quarter last year, as the effects of the global pandemic on its international operations were revealed.

20 July 2020

FINANCIALS: Gattaca reports fall in trading

Engineering and technology recruiter Gattaca today reported trading down 41% for the period of April, May and June this year over the same period in 2019, with full year net fee income decreasing by 22% for the year ended 31 July.

Engineering, IT/Telecoms 17 July 2020

FINANCIALS: Robert Walters releases trading update

Pre-Covid-19 investment in technology ensured that Robert Walters employees remained productive during the pandemic, the company revealed in its Q2 trading update today [9 July].

Recruitment Process Outsourcing, Legal 9 July 2020

Redwigwam wins investment from Northern Powerhouse to expand

Flexible workers provider Redwigwam has secured investment from the Northern Powerhouse Investment Fund to fuel the next phase of its expansion.

9 June 2020
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