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Skilled Group Revenue Up 3%

February 22 2012

Skilled Group Ltd., an Australia-based staffing firm, reported today that revenue rose 3.1 percent to AUS$935.0 million (US$951.3 million) in the first half of its fiscal year ended Dec. 31, 2011.

Half-year revenue in Skilled’s workforce services segment rose 2.6 percent to AUS$471.3 million (US$479.5 million). This segment primarily provides blue-collar workers to the industrial, mining and resources sectors.

Skilled’s other staffing services segment posted a 12.7 percent increase in revenue to AUS$244.3 million (US$248.6 million). This segment includes white collar, engineering, technical and nurse staffing.

Underlying net profit after tax was AUS$24.9 million (US$25.3 million) for the first half of the year, up 75.4 percent from the same period in the previous year.

Skilled Group ranks No. 26 on Staffing Industry Analysts’ 2011 list of largest global staffing firms.

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