Pion Group Q1 revenue falls 19% but profits improve

First-quarter revenue at Sweden-based staffing provider Pion Group (PION B:STO) amounted to SEK 428.7 million (€36.5 million), a fall of 19.4% when compared to the prior year. Currency effects negatively impacted revenue by 0.1%.

The group said, despite continued challenging macroeconomic conditions,...

Hedera Q1 revenue down 9.9% due to healthcare hiring limits

Swedish recruitment services firm Hedera Group (HEGR:SS) reported revenue today for the fourth quarter ended 31 December 2023 of SEK 146.9 million (€12.5 million), a decrease of 9.9% compared to last year.

The reduction in revenue is attributable to Hedera Bemanning (Staffing), which saw volume decreased...

Most businesses in Ireland plan salary hikes

Over 70% of businesses in Ireland expect to increase salaries this year, while 40% plan to hire more staff, reports RTE, citing data from the latest KPMG Enterprise Barometer. The data showed overall optimism among Irish businesses, with 65% expecting turnover to increase in the next 12 months. However,...

The Adecco Group Q1 revenue stable but profits down

The Adecco Group (ADEN:VTX), reported revenue today of €5.71 billion during the first quarter ended 31 March 2024, flat year-on-year on an organically and trading days adjusted (TDA) basis and down 1% at constant currency.

At the global business unit (GBU) level, organically and TDA, Adecco revenue...

Kelly Services to buy Motion Recruitment Partners in historic deal

Kelly Services last week announced it will buy US-based Motion Recruitment Partners (MRP) from private investment firm Littlejohn & Co. The acquisition will be the largest in Kelly’s history and includes the global Sevenstep RPO brand.  

“I’ve been pretty clear since becoming CEO that...

Eezy Q1 revenue slides 21% as staffing services weakens

Finnish HR services firm Eezy Plc reported revenue of €41.5 million, a fall of 21% when compared to €52.8 million the year prior.

Revenue fell due to a sharp drop in demand for staffing services. In the staffing services segment, demand weakened most in the construction and industrial sectors. These...

Logistic Force acquires VIA Logistics Professionals

Netherlands-based Logistic Force, an HR-services specialist active in the transportation and logistics segment, announced last month that it acquired VIA Logistics Professionals.

Logistic Force took over the activities of VIA Logistics Professionals on 11 April 2024.

VIA focuses on highly educated professionals...

P&O Ferries boss admits paying workers as ‘little as £4.87 an hour'

The boss of P&O Ferries has admitted to paying the firm's workers as little as £4.87 per hour, nearly two years on from a scandal which saw it branded "pirates" for laying off hundreds of staff without notice.

Peter Hebblethwaite repeatedly told MPs on the Business and Trade Committee that...

UK media and marketing sector hiring sees continued downturn

The media and marketing recruitment markets in the UK continue to struggle with both vacancies and applications down in the first three months of 2024 (Q1 2024), according to research from the Association of Professional Staffing Companies (APSCo) and Veritone Hire (formerly Broadbean).

The data showed...

Brunel Q1 revenue rises 13% with Australasia leading growth

Brunel International NV (BRNL:AEX), the Netherlands-based global energy staffing firm reported revenue of €349.2 million, up 10% (up 13% organically) year-on-year, driven by the four global verticals renewable energy, conventional energy, mining and life science.

Gross profit was €69.2 million, up...