% to £1.8 million, driven by strong performance in contract recruitment in the Benelux countries and Germany.
The Nordic market, which is heavily focused on executive and permanent recruitment, saw a -5
’s largest division, Continental Europe and & Rest of the World, was the only region to see growth in the period with gross profit rising strongly by +16%. Germany outperformed other staffing markets
currency, the UK grew by +5% while all other major European markets declined (Nordics -4%), Germany -10%), Netherlands (-12%) and Belgium (-11%).
In this region the “gross profit margin was below the prior
in the Federal Republic of Germany and in other countries as well. Hence, let us consider these elements together. Perhaps we cannot apply any of the Hartz concepts in full, but we do have many elements that can
(Germany, France, Italy) is projected to grow at +0.4% in the third quarter, rising to +0.6% in the fourth quarter. Second quarter 2010 GDP grew by +1.6% in the US, by +5.1% in the three largest countries
levels amongst the larger economies in Western Europe were in the UK (59%), France (55%), and Germany (51%). However many of the smaller countries bettered their larger neighbours, namely Switzerland (64