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Acquisitions boost Empresaria revenue

September 09 2008

United Kingdom-based staffing firm the Empresaria Group PLC posted revenue of GBP100.6 million (US$200.7 million) for the first six months of 2008, a year-over-year increase of 80.6%.

The company said it received a boost from start-ups and acquisitions, and reported organic revenue growth of 9%.

Gross margin fell to 25.1% in the first half of 2008 from 26.9% in the first half of 2007.

Net income was flat. Empresaria reported net income of GBP800,000 (US$1.6 million), unchanged from GBP800,000 in the same period last year.

Empresaria operates in 22 countries, including the United States with the Gerard Stewart brand.

Empresaria Group PLC
For the first half of 2008 ended June 30, 2008, compared with the first half of 2007.
Revenue: GBP100.6 million (US$200.7 million), +80.6%
Net income: GBP800,000 (US$1.6 million), unchanged

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