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View All NewsImpellam full-year revenue rises
Impellam Group plc, one of the world’s largest staffing firms, reported revenue rose 34.3% in full-year 2015 to £1.78 billion (US$2.63 billion).
| (£millions) | Full-year 2015 | Full-year 2014 | % change | Full-year 2015 (USD$millions) |
| Revenue | £1,777.3 | £1,323.4 | 34.3% | $2,634.6 |
| Gross profit | £233.7 | £193.9 | 20.5% | $346.4 |
| Gross margin | 13.1% | 14.7% | -- | -- |
| Profit for the period | £35.5 | £26.6 | -- | $52.6 |
Impellam in December acquired MSP and staffing provider Bartech Group.
Quote
“The business has recorded a measureable improvement in high retention behaviour and activity,” said CEO Julia Robertson “We’re attracting high-calibre people to work with us; significant customers to partner with; and great businesses to welcome into the Impellam family. In turn, this is giving us increasing momentum and strength.”
“During the year there have been several external factors influencing our key markets,” Robertson said. “Despite this, our robust and diversified portfolio in particular, our mix between managed services and specialist staffing has ensured that we have delivered a strong set of results.”
Revenue by segment for United Kingdom and North America
| (£millions) | Full-year 2015 | Full-year 2014 | % change | Full-year 2015 (USD$millions) |
| Managed services-UK | £1,036.0 | £658.2 | 57.4% | $1,535.7 |
| Specialist staffing-UK | £609.2 | £544.0 | 12.0% | $903.1 |
| Managed services-NA* | £101.3 | £95.3 | -1.4% | $150.2 |
| Specialist staffing-NA* | £101.2 | £91.4 | 2.6% | $150.0 |
| Inter-segment revenue | -£70.4 | -£65.5 | — | nm |
* Measured in constant currency
Share price and market cap
Impellam shares fell 0.37% to 802.00, according to Yahoo!