IN BRIEF: Empresaria interim profit surges as revenue stays flat

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Empresaria Group PLC - Crawley, England-based specialist staffing company - In the six months ended June 30, reports a pretax profit of £3.3 million, up 38% from £2.4 million the previous year. Revenue stays flat year-on-year at £129.8 million. Net fee income rises by 15% to £32.6 million from £28.4 million. Cites profit improvement on ‘excellent’ growth in Offshore Services and its operational investments.

Reports solid start to 2022 and expects full-year to be in line with market expectations.

Looking forward, Chief Executive Rhona Driggs says: ‘In the second half of the year we will invest further in headcount to capitalise on current market demand and we will also expand our capacity in Offshore Services as we continue to see significant growth potential.’

Current stock price: 60.75 pence, up 0.4% in London on Thursday

12-month change: down 25%

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