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Impellam revenue rises 9%

August 06, 2010

Revenue rose 8.7% at Impellam Group PLC to GBP544.4 million (US$820.2 million) in the first six months of 2010 compared with the first half of last year.

Impellam reported U.S. staffing revenue of GBP86.3 million (US$130.0 million). Its U.S. staffing revenue rose 3.7% in the first half of the year -- when measuring revenue in dollars -- compared with the first half of last year. Impellam's operations in the U.S. include Corestaff Services, Leafstone, Guidant Group, InfoCurrent, S.Com and SRG Woolf.

Gross margin at Impellam was 16.3% in the first half of 2010 compared with 16.4% in the first half of last year.

Impellam posted net income of GBP8.1 million (US$12.2 million) compared with a net loss of GBP1.4 million in the same period in 2009.

Impellam Group PLC
For the first half of 2010 compared with the first half of 2009.
Revenue: GBP544.4 million (US$820.2 million), +8.7%
Net income: GBP8.1 million (US$12.2 million) vs. net loss of GBP1.4 million