Skilled Group Limited, the largest Australian staffing firm, reported revenue rose 0.7% to AUS$1.94 billion (US$1.56 million) in its fiscal year ended June 30. Excluding acquisitions, however, revenue fell 8.8%, according to the company.

Full-year net income fell 28.2% to AUS$28.3 million (US$22.7 million).

CEO Greg Hargrave said in a statement that business has stabilized in the last few months with revenue across the company's brands no longer falling.

Skilled Group Limited
For the full fiscal year ended June 30, 2009, compared with the previous year.
Revenue: AUS$1.94 billion (US$1.56 billion), +0.7%
Net income: AUS$28.3 million (US$22.7 million), -28.2%