Financials

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

FINANCIALS: Norman Broadbent reports rise in profits

The Norman Broadbent Group has reported a 12% increase in net fee income (NFI) during January to April 2020 from the same period last year. 

Executive search, Interim recruitment 19 May 2020

Recruiters don’t have confidence in government CBIL loan scheme

Recruiters lack confidence in the government’s Coronavirus Business Interruption Loan (CBIL) due to continuing prohibitive criteria and lack of response.

Rec-to-rec 27 April 2020

FINANCIALS: Randstad stops cash bonuses for executive board

Global recruiter Randstad will not be giving its executive board cash bonuses this year. 

22 April 2020

HMRC suspends tax enquiries to businesses under investigation

HMRC is suspending enquiries into taxpayers and businesses that are under investigation, in the wake of the Covid-19 pandemic, news reports revealed today.

14 April 2020

FINANCIALS: Hays looks to raise equity to reinforce business

Hays has announced plans to raise £200m in equity as the recruitment giant contends with the coronavirus pandemic.

2 April 2020

FINANCIALS: Robert Walters stops dividend payment

International recruiter Robert Walters has revealed it will no longer propose a final dividend for the financial year 2019.

Recruitment Process Outsourcing, Legal 2 April 2020

FINANCIALS: Gattaca ceases operations in China

Gattaca says the ongoing coronavirus pandemic will inevitably affect its profitability, with the technical recruiter revealing it is to cease operations in China.

Engineering, Industrial/Manufacturing 1 April 2020

FINANCIALS: Hudson Global reports solid growth with 50+% rise in revenue

Global talent solutions firm Hudson Global has reported a 53.5% increase in revenue year-on-year buoyed by “solid” growth in Europe and Australia.

Banking/Financial services, Legal 31 March 2020

FINANCIALS: Staffline reveals mixed fortunes due to pandemic

Staffline is encountering mixed fortunes as a result of the coronavirus pandemic.

Retail, Transport & logistics 25 March 2020

FINANCIALS: Randstad cuts dividend payment due to Covid-19 uncertainty

Randstad is to cut its dividend payment for 2019 to retain capital as the recruitment giant contends with the financial uncertainty brought about by the coronavirus outbreak.

23 March 2020

FINANCIALS: Adecco delivers solid results against worsening backdrop

International staffing giant Adecco delivered a solid set of results in 2019.

Creative/Digital/Media, IT/Telecoms 18 March 2020

HOT 100 chart topper Falcon Green sells minority stake

Former Recruiter HOT 100 table-topping construction and engineering recruiter Falcon Green has agreed a deal to sell a minority stake in the business to two private investors.

Engineering, Construction & property 17 March 2020

Slashing Entrepreneurs’ Tax Relief ‘a significant disincentive to invest’ says industry investor

Last week’s Budget announcement by Chancellor Rishi Sunak to slash tax relief for entrepreneurs has been criticised by an investor in recruitment start-ups as “a significant disincentive to invest in and grow high-risk small business”.

17 March 2020

FINANCIALS: SThree flags potential impact of coronavirus but delivers robust net fee performance

Against the backdrop of “increasing global macro-economic uncertainties and challenges”, the CEO of international STEM recruiters SThree has flagged up the threat of the coronavirus to the company’s business.

Life sciences, Engineering 16 March 2020

FINANCIALS: Reports from Capita, Cross Country Healthcare and PageGroup

Capita, Cross Country Healthcare and PageGroup have experienced mixed fortunes in a bumper day for results in the recruitment sector.

Banking/Financial services, Legal 5 March 2020

FINANCIALS: Robert Walters battles against global challenges

International recruitment group Robert Walters delivered a marginal increase in gross profit, despite a turbulent year of political and economic challenges across the globe.

3 March 2020

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.

Creative/Digital/Media, Executive search 25 February 2020

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.

Recruitment Process Outsourcing, Life sciences 14 February 2020

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.

Transport & logistics, Industrial/Manufacturing 6 February 2020

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.

Recruitment Process Outsourcing 3 February 2020
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