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HeadFirst reports 21% full year turnover growth

18 April 2024

Netherlands-based HR tech service provider HeadFirst Group reported record turnover of €2.6 billion in 2023, an organic increase of 21% compared to 2022.  

Underlying gross profit increased by 20% to €76 million, which led to an EBITDA conversion of 50%. Underlying EBITDA stood at €38 million.

The group said these results form the perfect basis for further growth in 2024, in which the organisation will continue the 'tech enables touch' strategy and at the same time want to make a social impact.CEO at HeadFirst Group Marion van Happen said, “Financial results are important so that we can continue to do what our customers need, but we also take the lead on the path to a fair, diverse and inclusive labour market. This is where our main impact lies, in line with our purpose 'Join the next world of work'. In addition, we take all actions to build an even more sustainable organisation, so that we deliver value to the society around us.”

In March 2024, HeadFirst Global, the parent company of Headfirst Group, acquired Impellam Group completing a process that began in July 2023.