. France, its largest market in the region, was particularly affected by the downturn as revenues declined by -21.7% to US$61.1 million. In the UK, sales also plummeted by -14.7% to US$26.0 million while
performance in Europe & the Rest of the World as net fees here increased by +23% with Germany, Brazil, Canada and France taking the lead. Operating profit in this region rose by a total of +35% to £43
by -5.5% to US$263.0 million, compared to US$278.3 million in the first quarter 2011. Particularly France, the UK and Portugal posted lower revenue while Switzerland, Italy and Norway saw turnover rise
. Despite the monthly rise, the figures remained deflated compared to a yearearlier, suggesting there is some way to go before a significant turnaround will be seen.
France: The Monster Employment Index
in Q2 2011. In constant currency operating profit was up by +36.1%.
In France revenues were up by +30.9% from $1.25 billion in Q2 2010 to $1.64 billion in Q2 2011. In constant currency revenues were up
in Greece, Spain and Austria and more modest downturns in France and Ireland.
New orders fell at the steepest pace since June 2009, driven down by a combination of disappointing domestic sales and weak
in the US and lower payroll tax subsidies in France.
Operating profit was up by +45.1% from $108.9 million in Q3 2010 to $158 million in Q3 2011. At constant currency, operating profit was up by +34.2%.
report, the staffing company reported stronger growth rates in the EMEA region with France and Germany taking the lead. Overall, the banking sector was poor in various regions across the world with things