Robert Half has reported revenues and earnings for the first quarter ended March 31, 2015. Net income was $77.9 million, or $.58 per share, on revenues of $1.21 billion. Net income for the prior year’s first quarter was $61.6 million, or $.45 per share, on revenues of $1.08 billion.“Led by Protiviti and Robert Half Technology, all of our divisions contributed to a solid first quarter,” said Harold M. Messmer, Jr., chairman and CEO of Robert Half. “We saw broad-based revenue gains and higher service demand in every line of business. First-quarter revenues from our staffing operations were up 10 percent from the year-ago first quarter. Protiviti revenues for the quarter were up 22 percent.”
Randstad has released its first quarter 2015 results. Revenue: Organic revenue per working day grew by 5.6% in Q1 2015 compared to 3.4% in Q4 2014. The reported revenue growth was 11.6% (including a favourable currency effect of 5.4%).Revenue growth went from 6.5% in January (normalized between 5.0-5.5% due to holiday bridging days) to 4.3% in March. In North America, revenue per working day was up 5% (Q4 2014: 6%). Growth during the quarter was between 5-6%. In Europe, revenue per working day grew by 5% (Q4 2014: 1%), with the majority of countries showing an upturn.In the ‘Rest of the world’ region, revenue per working day was up 12% (Q4 2014: 15%). As a result of our strategic focus, perm fees grew by 16% (Q4 2014: 21%). In North America and Europe, perm fees grew by 8% and 21% respectively. Fee growth in Asia was 18%, led by Japan and Singapore. In Australia, perm fees grew 21%. Perm fees made up 2.1% of revenue and 11.3% of gross profit (Q1 2014: 10.0%).
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