in their supply chains."
The contribution MSBs make to the UK economy is much smaller than in France and Germany, where they contribute a greater share of total revenue and generate a significantly higher
. The region grew net fees by +26% organically, and Germany performed strongest across all sectors. The rest of the division, which is primarily permanent placement business, grew by +15% while France recorded
economic uncertainty. The business in the Netherlands, which performed well throughout 2009, has been hit hard during the first half of the year. However, France and Belgium achieved a slight improvement
-on-year reduction in gross profit. Like the UK, the Benelux region was also impacted by a reduction in the average number of consultants compared to H1 2009, which were down -28% year-on-year. France performed better
in investment. Rises in the transportation and production sectors suggest the trend of rising Belgian exports of goods and services seen in the last quarter of 2009 is continuing into 2010.