Daily News
World – Empresaria reports gross profit down 1%, but reports strength in Americas region
26 July 2018Empresaria Group plc yesterday reported in a trading update that gross profit is down approximately 1% in the first six months of the year, but that it’s on course to meet market expectations. Adjusted profit before tax is up approximately 2%. The London-based staffing provider plans to release full...
World – The Adecco Group to sell remaining ownership interest in Beeline
26 July 2018The Adecco Group, the world’s largest staffing firm, and private equity firm GTCR, announced today that they have entered into a definitive agreement to sell its investment in vendor management system provider, IQN/Beeline Holdings (‘Beeline’), to New Mountain Capital.
The proposed transaction will...
Italy – Openjobmetis acquires HC Human Connections
26 July 2018Italian recruitment firm Openjobmetis announced that it has acquired 70% of the share capital of HC Human Connections S.r.l. at a price of €700,000, with the right to acquire the additional 30% in the period of one year from the end of the third year from the closing date.
Openjobmetis described HC...
France – Prism’Emploi: Number of temporary workers up 7.1% in June, first half of 2018 reports increase of 6.7%
26 July 2018The number of temporary workers in France rose by 7.1% year over year in June, according to the Barometer report by Prism’Emploi, the French association of employment agencies.
All sectors reported growth. Services, construction and industry rose by 10.6%, 10.3% and 4.7%, respectively.
Among occupational...
World – Robert Half Q2 revenue up 9.6% with growth across the business
25 July 2018Professional staffing firm Robert Half International Inc. (NYSE: RHI) reported yesterday that second quarter revenue rose 9.6% on a same billing-day, constant-currency basis to $1.39 billion. In reported rates, revenue grew 11.4%.
International revenue in same billing days and constant currency stood...
UK – Staffline Group revenue up 2.8% organically but sees reduced profits
25 July 2018Staffline Group (STAF: LSE), the UK-based staffing and employability organisation, reported revenue for the six months ending 30 June 2018 of £481.0 million, an increase of 12.4% compared with the first half of 2017.
Underlying results were as follows for H1 2018.
(£ millions) | H1 2018 | H1 2017 ... |
UK – Bullhorn acquires UK-based executive search software provider Invenias
25 July 2018Bullhorn, a supplier of software to staffing firms, yesterday announced the acquisition of Invenias, a UK-headquartered provider of cloud-based software for executive search firms.
Incorporated in 2005 and backed by MMC Ventures since 2013, Invenias is headquartered in Reading, UK, with additional offices...
UK – Permanent hiring up 9%, but professional vacancies dip 4%
25 July 2018Professional recruitment firms in the UK reported that the number of candidates securing permanent roles in June 2018 increased by 9% year-on-year, according to new survey data from the Association of Professional Staffing Companies (APSCo).
APSCo’s research, which focuses on professional recruitment,...
UK – More employers are expecting a shortage of permanent candidates
25 July 2018Half of UK employers looking to recruit for permanent roles expect to find a shortage of candidates, this is 5 points higher than in the same period last year (March – June 2017), according to the Recruitment and Employment Confederation’s latest JobsOutlook report.
The report, which was...
World – Randstad Q2 revenue up 5% organically and profitability ahead of expectations
24 July 2018Randstad (RAND: NV), the second-largest staffing firm in the world, today reported revenue for the second quarter ending 30 June 2018 of €6.0 billion, an increase of 5% on an organic basis compared with €5.8 billion a year ago.
Second-quarter revenue growth was led by Italy with an organic growth...