Empresaria Group Share News (EMR)

Empresaria Profits Up But Revenue Down As Continental Europe Struggles

Empresaria ups profit despite falling revenue

Specialist staffing group Empresaria posted a fall in revenue and net fee income for the half year, hit by a decline in the Continental Europe region. Revenue decreased 2% to £95.6m (June 2012: £97.8m), with permanent revenue up 7% and temporary staffing revenues down 3% year-on-year. Adjusted (

London midday: Stocks rebound but sentiment fragile after heavy sell-off

The FTSE 100 rebounded from five-month lows on Friday morning after comments from the Federal Reserve prompted a dramatic global market sell-off the day before. London's benchmark index tumbled an eye-watering 189 points on Thursday, falling 2.98% to 6,160 as markets reacted to comments from Fed Ch

Capita Chief Exec drops 400,000 shares

Paul Pindar, the Chief Executive of Capita, the FTSE 100 global business services group, has ditched 400,000 shares in the firm. Pindar, who joined Capita in 1987 from 3i, sold off the shares for 685p each, earning him £2.74m. The shares were sold to satisfy a personal settlement, the company sai

Small caps round-up: Empresaria, Camco, ECR Minerals

Pre-tax profit at recruitment firm Empresaria slumped by 71% from £6.5m to £1.9m in 2011. The major reason for this was lower profits in Germany, where new collective bargaining agreement required the group to raise pay rates for some of its temporary works and to incur significant legal fees. Meanw

Empresaria warns on profits after German ruling

Recruitment firm Empresaria has swung into the red and issued a profit warning after experiencing a tougher environment in Germany, its biggest market. Reported loss before tax was £1.9m in the first half of 2011, versus a profit of £2.3m the year before. Adjusted profit before tax, which excludes

Small caps round-up: Air Partner, Gemfields, Regenersis...

Aviation group Air Partner says that trading has remained positive in the six months to date and the interim results are likely to be ahead of expectations, partly attributable to the strong performance in its commercial jet broking division. While the group says it is well positioned to increase p

Small caps round-up: Eros, China Medical Systems, Tristel.....

Indian films distributor Eros International has filed a prospectus for the proposed flotation of Eros International Media Limited in relation to the proposed flotation on the National Stock Exchange of India and the Bombay Stock Exchange. The offer will open on 17 September and be closed four days l

MARKET TALK: Merchant John East Ups Empresaria Forecasts

0906 GMT [Dow Jones] Merchant John East ups its earnings forecasts for recruiter Empresaria Group PLC (EMR.LN) on the back of a cautiously positive AGM statement. Increases the pretax profit and earnings per share forecasts for 2010 to GBP5.3M and 6.1p from GBP4.5M and 4.8p, respectively. Ups 2011 f

CORRECT:ABB CFO: Net Cash Would Be Over $3B After Chloride

("*ABB CFO: Net Cash Pile Would Be $2B After Chloride Acquisition" published at 0828 GMT misstated the net cash position.) (MORE TO FOLLOW) Dow Jones Newswires June 08, 2010 06:30 ET (10:30 GMT)

Small caps round-up: Ceres Power, Empyrean, Fortune Oil...

Ceres Power's interim loss grew to £5.9m from £3.3m a year earlier as revenue slumped 39%, blamed on the £2m Alpha milestone completion payment from British Gas last June being recognised as revenue when earned, based on costs incurred over the Beta and Gamma phases. Brian Count, chairman of the UK

Round-up: Wincanton, Empresaria, Xaar...

Haulier Wincanton says operating profit held up well between October and January, though, as previously flagged, pre-tax profit for the year to 31 March 2010 is expected to be below the results reported last year. Higher finance costs following a refinancing are the reason. 'The continuing strength

Small caps round-up: Empresaria, Avon Rubber, InterBulk, Dialight, India Hospitality, Shanta Gold, Cryptologic

Empresaria, the international staffing group, saw revenues for the current financial year to April, excluding discontinued operations, fall 4% on the same period in 2008 and net fee income down 22%. "These volume reductions are driven largely by reductions in permanent fee income levels (34% down a