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Estonia – On-demand staffing platform Goworkbit full year revenue rises 23.2%, but reports net loss

23 July 2019

Revenue at on-demand staffing platform Goworkabit grew by 23.3% to €2.2 million in 2018. At the same time, the company reported a net loss of €1,200, which was down from a net profit of €35,400 the year before.

"Our profitability was above all affected by the investments made in entering foreign...


UK – Recruitment and employment industry responds to announcement of new prime minister

23 July 2019

Following the announcement that Boris Johnson has won the Conservative Party leadership race and will succeed Theresa May as prime minister with effect from 24 of July, a number of recruitment and employment industry bodies have responded.

In a tweet congratulating Johnson, Neil Carberry, Chief Executive...


UK – Businesses not ready for IR35 changes, APSCo says

23 July 2019

Employers across the UK are unprepared for changes to off-payroll working in the private sector, according to new research from recruitment trade body, the Association of Professional Staffing Companies (APSCo).

Earlier this month, the government published draft legislation to expand IR35 off-payroll...


World – ManpowerGroup Q2 revenue nearly flat in constant currency

22 July 2019

ManpowerGroup Inc. (NYSE: MAN) reported second-quarter results on Friday announcing that revenue edged down 0.1% on a constant currency basis. In France, its largest single market, revenue fell 0.4% on a constant currency basis. Gross profit and earnings also tumbled.

(USD millions) Q2 2019 ...


UK – SThree revenue and net fees rise on back of international growth, while UK & Ireland report weak results

22 July 2019

International recruitment firm, SThree (STHR: LSE) reported revenue for the half year ending 31 May 2019 of £653.3 million, an increase of 10% in constant currency compared to last year.

(£ millions) H1 2019 H1 2018 Change Constant Currency
Revenue 653.3 585.9 12.0% ...


UK – Norman Broadbent posts trading update for H1, reports return to profitability

22 July 2019

London-listed executive search and recruitment firm Norman Broadbent (NBB: LSE) provided an unaudited trading update for the six months ended 30 June 2019 ahead of its annual general meeting.

Mike Brennan, CEO of Norman Broadbent, commented, "I am pleased to report that the first six months of the...


UK – Search Consultancy acquires SCP Aberdeen

22 July 2019

Glasgow-based recruitment firm Search Consultancy announced that it has acquired health and social care recruitment firm SCP Aberdeen.

Terms of the deal were not disclosed.

SCP Aberdeen is owned by SCP Recruitment, which was founded in 2006. In 2015, SCP Recruitment was purchased by the City and County...


France – Actual Leader expands in the Netherlands with acquisition of Flexfactory

22 July 2019

France-based temporary employment firm Actual Leader Group announced that it acquired a majority stake of Dutch HR services firm Flexfactory.

Details of the stake were not disclosed.

Founded in 2004, Flexfactory offers a wide range of HR services, such as staffing, training, recruitment & selection,...


Sweden – Dedicare appoints new CFO

22 July 2019

Swedish staffing firm Dedicare announced that it has appointed Johanna Eriksson as new Chief Financial Officer with effect from 1 September 2019.

Eriksson is currently the CFO of Sopra Steria Sweden AB and was previously a senior manager at Deloitte.

Dedicare President and CEO Krister Widström commented,...


World – Resources Connection Q4 revenue up in constant currency, growth in APAC offsets weak European results

19 July 2019

Professional staffing provider Resources Connection Inc. (RECN: NASD), which operates as Resources Global Professionals, reported revenue increased by 0.4% year-over-year in constant currency to $182.1 million in its fiscal fourth quarter 2019 ended 25 May 2018. On a reported basis, revenue was down...