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Ireland – CPL reports record full year revenue and gross profit

2 September 2014

Irish recruitment firm CPL Resources (CPL: ID) reported revenue for the year ending 30 June 2014 of €369.3 million, an increase of +12% from €330.8 million a year ago.Gross profit for the period rose by +12% to €54.7 million, up from €48.8 million last year. Operating profit for the year was €14....


Netherlands – Slow economic recovery impacts Source Group’s results

2 September 2014

Dutch staffing firm Source Group (SOURC: NA) last week reported net revenue of €4.9 million for the six months ending 30 June 2014, a decrease of -14.2% from €5.7 million last year. Gross profit for the period was €2.3 million, a decrease of -3% from €2.4 million in 2013.Source Group achieved an...


Italy – Parliamentary approval of overhaul of labour market expected by year-end

2 September 2014

Italian Prime Minister Matteo Renzi, facing rising unemployment and an economy that has slipped into its third recession since 2008, yesterday said that he expects parliamentary approval of an overhaul of the country's labour market by the end of the year, reports businessspectator.com.au. &...


Netherlands – Staffing industry growth led by technical sector

2 September 2014

The number of hours worked by temporary workers in the Netherlands increased by +9% during period eight (21 July – 17 August) compared with the same period last year, according to the latest figures from the Dutch Federation of Employment Agencies (ABU). Sales during the period increased by +8%,...


UK – Two recruitment firms secure funding

2 September 2014

In a positive signal that the recruitment industry in the UK is a sound investment, two recruitment firms, Assist Resourcing Group and NES Global Talent, have secured funding deals with two separate banks.Bury-headquartered recruitment business Assist Resourcing Group, which focuses on the indust...


France – Small increase in wages for managers

2 September 2014

Salaries for managers have increased by +0.9% in 2014, according to a survey from Expectra, a subsidiary of Randstad. This compares positively with an increase of +0.5% last year, but remains significantly below the pay rises reported in 2011 and 2012, reports latribune.fr.According to the survey...


Europe – Growth in agency work slows during May

1 September 2014

The number of hours worked by agency workers across Europe increased by +0.8% in May 2014, compared with the same month last year, according to the latest Agency Work Business Indicator from Eurociett, the European Confederation of Private Employment Agencies.This compares with growth of +4.5% in...


UK – Demand for professional talent up, but referendum slowing growth in Scotland

1 September 2014

Professional recruitment firms now have +22% more vacancies on their books compared with this time last year, according to new survey data from APSCo, the Association of Professional Staffing Companies.The association’s latest research comes as the Treasury’s GDP growth forecast for the UK econom...


Poland – Work Service grows strongly following acquisitions

1 September 2014

Polish contract, RPO, and outsourcing company Work Service last week reported revenue for the six months ending 30 June 2014 of PLN 735.9 million (€174.6 million), an increase of +79.4% from PLN 410.1 million (€97.3 million) during the same period last year.The company reported gross profit of PL...


Netherlands – Long-term temporary contracts hit record high in Q2

1 September 2014

The number of hours worked by temporary workers in the Netherlands increased by +0.8% during the second quarter of 2014, compared with the previous quarter, according to the CBS, Central Bureau for Statistics.The number of hours worked by temporary workers has been increasing steadily since the s...