Read More Got it! Our Group Investors Continued growth in profit forecast with Offshore Recruitment Services a key contributor 26 October 2021 by Erin Smyth Empresaria, the global specialist staffing group, provides the market with an update on trading for the current financial year ending 31 December 2021. Trading update Following the progress made in the first half of 2021, we have seen increased momentum into the second half of the year as the Group continues to realise the benefits from operational initiatives and the improved economic environment. As a result, it is anticipated that the Group's full year net fee income will be in the range of £57m to £59m and adjusted profit before tax is expected to be in the range of £7.4m to £7.9m (9% to 16% above market consensus). Our Offshore Recruitment Services sector continues to go from strength to strength and delivered a record increase in billable headcount in September. This sector remains core to our future plans through both its external and internal delivery. Our Professional sector has performed better than expected in the third quarter with a strong recovery in our UK hospitality operations and solid performances in Asia despite the very significant levels of local lockdowns. However, the challenges in the aviation industry continue and this is expected to impact us until the sector recovers. Our Healthcare sector has had a very strong 2021. While we were anticipating a significant slowdown in the vaccination programmes in our Healthcare sector in the second half of the year, the autumn COVID-19 booster vaccinations in the US have led to additional demand. This will likely last through to early 2022 after which we expect reduced demand from the vaccination programme. Chief Executive Officer, Rhona Driggs, commented: "I am pleased we are able to deliver this positive news on our trading. Demand continues to be strong across the staffing industry and we are seeing this reflected in most of our businesses. With skills shortages at a 15-year high, candidate attraction and engagement remain a key priority as we close out the year. We are continuing to invest in the future of the business, including the recent appointment of regional leaders who will be instrumental in helping us deliver on our growth strategies. I am pleased to see the positive momentum within the business, and I am confident that we can take advantage of the continued economic recovery to deliver long-term growth." Enquiries: Empresaria Group plc Rhona Driggs, Chief Executive Officer Tim Anderson, Chief Financial Officer via Alma PR Singer Capital Markets (Nominated Adviser and Broker) Shaun Dobson / James Moat 020 7496 3000 Alma PR (Financial PR) Sam Modlin David Ison Hilary Buchanan 020 3405 0205 empresaria@almapr.com Notes for editors: Empresaria Group plc is a global specialist staffing group offering temporary and contract recruitment, permanent recruitment and offshore recruitment services across 6 sectors: Professional; IT; Healthcare; Property, Construction and Engineering; Commercial and Offshore Recruitment Services. Empresaria operates from locations across the world including the 4 largest staffing markets of the US, Japan, UK and Germany along with a strong presence elsewhere in Asia Pacific and Latin America. Empresaria is listed on AIM under ticker EMR. For more information visit empresaria.com. SHARE THIS BLOG RECENT ARTICLES Rhona Driggs recognised in Staffing Industry Analyst’s Global Power 150 Women in Staffing for the 6th consecutive year 16 November 2021 Continued growth in profit forecast with Offshore Recruitment Services a key contributor 26 October 2021 Rhona Driggs recognised by SIA’s Staffing 100 Europe List 18 October 2021 Empresaria Chairman, Tony Martin, awarded Honorary Associateship from the Royal College of Veterinary Surgeons 13 October 2021 Results for the six months ended 30 June 2021 11 August 2021 Garrick Cooper joins the Empresaria Leadership Team as President, North America 01 August 2021 Empresaria is a global specialist staffing group operating from 19 countries across 6 diversified sectors. Our purpose is to positively impact the lives of people, while delivering exceptional talent and solutions to our clients globally. Empresaria Group plc Old Church House, Sandy Lane, Crawley Down, Crawley, West Sussex, RH10 4HS, United Kingdom Registered in England and Wales No. 03743194 VAT Number GB 672 5572 15 Get in touch Quick Links Our Services About Us Contact Us Investors Site Our Sectors Professional IT Healthcare Property, Construction & Engineering Commercial Offshore Recruitment Services Modern Slavery Statement Accessibility Terms of Use Privacy Policy © Copyright 2020 Empresaria Group plc. All rights reserved.