Article Abstract:
Northern Recruitment Group (NRG) has issued two upgrades for its profit forecast, but the company's stock price has dropped since the company issued interim results. The company reported a rise in profit of 37% to 1 million pounds sterling for the half year to Dec 1997. NRG should achieve a profit of 2.4 million pounds for 1997 to 1998. The company is based in Newcastle, England, with two thirds of the major 200 companies in the region as its clients. The company has acquired KFJ Holdings which has given it exposure to Scotland.
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Article Abstract:
Penna provides career counselling for redundant managers through Sanders and Sidney, and has acquired BBM, a recruiter for financial services staff. The company aims to develop specialist recruitment services, Sanders and Sidney, and a third activity which has yet to be specified. The company reported a profit of 2.26 million pounds sterling for 1996 with some 67% of this accounted for by Sanders and Sidney. A profit of 4 million pounds is forecast for 1997 to 1998 by Wise Speke.
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Article Abstract:
Corporate Services is a UK supplier of contract and temporary labor. The company prefers the contract labor market since it has better margins and greater stability of earnings. The UK market for this type of labor is expanding by 20% annually though it accounts for 7% of the UK labor force and 20% of the French labor force. The company ranks second in the UK market for employment services with a 2% stake in the market, while Manpower holds 2.25%.
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