Italian recruitment firm, Openjobmetis SpA (OJM:MIL) announced preliminary revenue for the full year ended 31 December of €583.9 million, up 26.7% from €460.9 million last year.

Openjobmetis stated that the increase in revenue is mainly due to higher revenue from its core business, temporary employment, which showed an increase of 26.9% compared to 2016.

Meanwhile, the group’s recruitment and selection business increased by 9.7% compared to 2016 and revenue from other activities grew 12.8% compared to 2016.

In trading yesterday, Openjobmetis shares closed at €13.80, down 0.7% on the day. Based on its current share price the company has a market value of €187.03 million.