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Poland – Grupa HRC revenue down in Q1 but profit rises

15 May 2019

Grupa HRC (HRC:WSE), a staffing firm based in Poland, reported revenue yesterday of PLN 0.3 million (approximately €69,000), down from PLN 0.4 million (approximately €92,000) a year ago.

Net profit stood at PLN 0.4 million (approximately €92,000), up from PLN 36,148 (approximately €8,300).

The company was founded in 1996 in Warsaw and provides HR services in different HR areas including recruitment, the outsourcing of employees, talent management (from talent sourcing to talent management and retention) - assessment of employees.

According to Grupa HRC, the company is the first Polish HR services specialised company listed on the Warsaw’s stock exchange.

Data from the Financial Times showed that as of last trade Grupa HRC traded at PLN 25.00 (€5.80), 0.00% below its 52-week high of 25.00 (€5.80), set on 8 April 2019. No market value data was available.