Financials

FINANCIALS: Hays posts mixed six-month results

Hays group net fees dropped by 13% to £496m in the six months ended 31 December 2024, with temporary recruitment and contracting falling by 9% and permanent recruitment by 19%.

24 February 2025

$6m-valued AI start-up Alfa AI plans to revolutionise recruitment

An AI recruitment start-up has secured more than $625,000 (£494,500) to place the company at a valuation of $6m.

Creative/Digital/Media, IT/Telecoms 24 February 2025

FINANCIALS: SThree profits down due to challenging conditions

STEM recruiter SThree reports that its net fees were down 9% year-on-year (YoY).

Life sciences, Engineering 4 February 2025

FINANCIALS: Staffline defies recruitment’s downward trend

Recruitment and training company Staffline Group has reported a 9% increase in gross profits, bucking the recent downward trend posted by recruitment firms.

Retail, Public sector 4 February 2025

FINANCIALS: Kelly Q3 results show 7.1% decline in revenue

Talent solutions provider Kelly has announced financial results for the third quarter of 2024.

12 November 2024

FINANCIALS: PageGroup profits fall in ‘subdued conditions’

PageGroup has reported that “continued subdued levels of client and candidate confidence” are affecting recruitment decisions, leading to a 13.5% fall in overall profit for Q3 2024, compared with the same time last year.

15 October 2024

FINANCIALS: Hays results hit from hiring slowdown

Global recruiter Hays has started its 2025 financial year with downward movement from its 2024 financial year.

11 October 2024

Changes to CGT – Should you stay or should you go?

No business owner can have escaped the widespread political and media coverage regarding changes to the UK’s Capital Gains Tax (CGT) regime.

24 September 2024

Demica provides HeadFirst Global new $400m funding source for Impellam Group

Fintech company Demica has enabled a new $400m (£306m) trade receivables securitisation for HeadFirst Global, funded by Barclays, supporting March 2024’s acquisition of Impellam Group through structuring, distribution and reporting. 

IT/Telecoms 12 September 2024

FINANCIALS: Hahn takes over from Cox at Hays, posts record net fees

Global specialist recruitment firm Hays has announced the appointment of Dirk Hahn as CEO, with effect from 1 September 2023.

24 August 2023

FINANCIALS: Page Group reports drop in half-year profits

Recruitment giant the Page Group reported 2023 half-year gross profit of £526.8m yesterday [7 August], falling off from £538.9m in the same period in 2022.

8 August 2023

FINANCIALS: SThree remains resilient despite dip in profits

Global STEM staffing business SThree delivered a net fee performance of £208.6m for the first half of 2023, the company reported today [25 July].

Life sciences, Engineering 25 July 2023

Company insolvencies rise by 16% year-on-year

Company insolvencies in March 2023 were up compared to a year ago and higher than pre-pandemic numbers.

18 April 2023

FINANCIALS: Empresaria reveals 10% growth in profits, 75% growth in Offshore Services

Global specialist staffing group Empresaria has revealed 10% growth in net fee income to £65.4m, with its Offshore Services achieving 75% growth year-on-year.

Recruitment Process Outsourcing, IT/Telecoms 29 March 2023

FINANCIALS: SThree posts consecutive record performance

International recruitment firm SThree has announced its financial results for the year ended 30 November 2022, posting a second consecutive record net fee performance.

Life sciences, Engineering 1 February 2023

Understanding Recruitment Group gives staff 60% shareholder in business

Specialist technology software recruitment consultancy Understanding Recruitment Group has formalised its move to an Employee Ownership Trust (EOT), making its staff a 60% shareholder in the business.

Creative/Digital/Media, Engineering 25 January 2023

Psychometric assessment provider Arctic Shores secures nearly £6m investment

Arctic Shores has secured a £5.75m Series B investment to accelerate the development of its soft-skills assessment and international expansion, specifically in Europe.

HR 16 January 2023

Director of nursing staff recruiter disqualified after wrongful Bounce Back Loan

A director of a temporary nursing staff recruiter in Southampton has been disqualified as a director for 11 years.

Public sector, Social care 22 November 2022

FINANCIALS: Gattaca reveals improved second half year performance

Engineering and technology recruiter Gattaca has revealed its preliminary report for the 2022 financial year, which ended 31 July 2022.

Engineering, IT/Telecoms 7 November 2022
Profit

FINANCIALS: Hays reports record profits

Global recruiter Hays has reported a record financial quarter, with net fees up 15% across the group, and the UK & Ireland seeing fees increase by 11%.

13 October 2022

FINANCIALS: PageGroup profits up 14%

PageGroup has reported a group gross profit of £270.5m in its Q3 2022 update, an increase of 14% over the same period in 2021.

Recruitment Process Outsourcing 13 October 2022

FINANCIALS: SThree reports positive update as NFI up

International recruitment firm SThree has presented a positive third-quarter trading update, reporting a 19% increase to £111.8m from £91m in group net fees year-on-year against the same period last year.

Life sciences, Engineering 21 September 2022

FINANCIALS: Gattaca reveals NFI to be ahead of expectations

Specialist engineering and technology staffing solutions business Gattaca has revealed an increase of 4% net fee income (NFI) in a trading update for the 12 months ended 31 July 2022.

Oil & gas/Energy, Engineering 18 August 2022

FINANCIALS: Record first-half year for Robert Walters

Global recruiter Robert Walters has today [1 August 2022] reported a record first-half year performance with group net fee income (NFI) up 27% to £210.5m and operating profit rising by 15% to £27.7m year-on-year.

Recruitment Process Outsourcing, Engineering 1 August 2022

Global recruiter Phoenix raises €1m investment for further growth

Global specialist recruitment firm Phoenix has raised a €1m (£838,428) investment to help fuel growth plans in the UK, Ireland and the US.

Executive search, IT/Telecoms 28 July 2022
Top