YOY% revenue doubles for Robert Half in Q4 of 2011
Net earnings for Recruiter
Robert Half International rose by 50% in 2011, with their reported net income in Q4 of last year totalling £95.3 million. However performance in the last quarter fell by 25% compared to the previous year. While in 2010 37.5% of earnings were generated in Q4, in 2011 it was 28.5%.
The firm also reported a 78% increase in revenue per share, with 6.1 million shares currently on their stock repurchase plan. In terms of recruitment revenue, Robert Half saw their International temporary and consulting divisions perform 13% better than last year, and their Permanent Placement division increase revenue by 19% YOY.
Commenting on accountancy hiring, Harold M Messmer, Jr, chairman and chief executive of Robert Half says that there’s an ongoing strong demand for skilled talent, and their staffing division performed exceedingly well in the last quarter of 2011. “This marks the sixth consecutive quarter of double-digit, year-over-year revenue growth for the company.”
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