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Empresaria sees record full year adusted profits
International staffing group Empresaria said it expected full year results would be in line with current market expectations with adjusted pre-tax profits up 20% year on year.
The company said that this would be a record, adding that net fee income should be approximately 17% ahead of the prior year and diluted adjusted earnings per share up approximately 9%.
Empresaria said there were strong performances in the UK within professional and other services, in IT and design in Japan in IT & design and retail in Chile.
"The technical & industrial sector experienced a challenging year. The group has worked to minimize the impact of changes to temporary worker legislation in Germany and the business in the Middle East has been resized resulting in an improved performance," the company said.
"We are pleased with how well our recent investments have integrated into the group, including an improved performance from our businesses in the USA in the second half. We continue to build on the strengths of our group, investing in our existing brands and identifying further potential external investments."