PLC Fact Sheet- State of the PLC’s
When analysing the state of the recruitment industry, spotlighting the performance of the PLC’s can be a useful indicator as to the wider health of the sector. With this, we reviewed the recruiters that appear on the London Stock Exchange, comparing their most recent Annual returns filings along with their share price performance of the period of 2018, to see what trends have emerged. As part of this, the following insights emerged:
- Several firms delisted during the course of 2018, with the biggest recruiter to do so in 2018 being Harvey Nash group.
- Of the thirteen remaining listed recruitment PLC’s, only two had positive share price growth in 2018, Hydrogen Group and Staffline. Of the remaining constituents, five saw double digit share price drops, despite only three overall not recording profits.
- Michael Page was the most profitable of all the PLCs, with a margin of 8.6%, where the industry average amongst the PLCs was 3.4%.
- Despite their share price not increasing over the period, it is worth noting Robert Walters had the fastest year on year revenue growth, a sign of them investing into the future?
This table also appears in our Annual Magazine, Recruitment Industry Insights. For more information about the latest trends in the Industry, contact us now!
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