Empresaria Group (EMR)

Sector:

Support

Index:

FTSE AIM All-Share

40.00p
   
  • Change Today:
    -0.50p
  • 52 Week High: 52.00
  • 52 Week Low: 31.50
  • Currency: UK Pounds
  • Shares Issued: 49.85m
  • Volume: 70,303
  • Market Cap: £19.94m
  • RiskGrade: 45

Empresaria expects continued profit growth

By Iain Gilbert

Date: Tuesday 26 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Staffing group Empresaria said on Tuesday that it was now forecasting a continued growth in profit thanks to a strong contribution from its offshore recruitment services unit.
Empresaria said it had seen increased momentum into the second half of the year, with the group continuing to realise the benefits of operational initiatives and the improved economic environment.

As a result, the group now expects full-year net fee income to be in the range of £57.0m to £59.0m and adjusted pre-tax profits to be somewhere between £7.4m and £7.9m - 9% to 16% above market consensus, respectively.

The AIM-listed group highlighted that the offshore recruitment services sector continued to "go from strength to strength" and delivered a record increase in billable headcount in September, while its professional sector also performed "better than expected" in the quarter, with a strong recovery in its UK hospitality operations and solid performances in Asia despite "very significant" local lockdowns.

Empresaria added that its healthcare division also had "a very strong 2021"

Chief executive Rhona Driggs said: "Demand continues to be strong across the staffing industry and we are seeing this reflected in most of our businesses. With skills shortages at a 15-year high, candidate attraction and engagement remain a key priority as we close out the year.

"I am pleased to see the positive momentum within the business, and I am confident that we can take advantage of the continued economic recovery to deliver long-term growth."

As of 1310 BST, Empresaria shares were up 3.14% at 89.22p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

EMR Market Data

Currency UK Pounds
Share Price 40.00p
Change Today -0.50p
% Change -1.23 %
52 Week High 52.00
52 Week Low 31.50
Volume 70,303
Shares Issued 49.85m
Market Cap £19.94m
RiskGrade 45

EMR Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.69% above the market average17.69% above the market average17.69% above the market average17.69% above the market average17.69% above the market average
28.26% above the sector average28.26% above the sector average28.26% above the sector average28.26% above the sector average28.26% above the sector average
Price Trend
26.57% below the market average26.57% below the market average26.57% below the market average26.57% below the market average26.57% below the market average
41.41% below the sector average41.41% below the sector average41.41% below the sector average41.41% below the sector average41.41% below the sector average
Income
80.71% below the market average80.71% below the market average80.71% below the market average80.71% below the market average80.71% below the market average
67.74% below the sector average67.74% below the sector average67.74% below the sector average67.74% below the sector average67.74% below the sector average
Growth
98.36% below the market average98.36% below the market average98.36% below the market average98.36% below the market average98.36% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

EMR Dividends

  Latest Previous
  Final Final
Ex-Div 23-May-24 25-May-23
Paid 13-Jun-24 15-Jun-23
Amount 1.00p 1.40p

Trades for 19-Jul-2024

Time Volume / Share Price
16:43 50,000 @ 40.00p
13:37 17,111 @ 39.28p
14:21 2,500 @ 39.26p
10:24 692 @ 39.28p

EMR Key Personnel

CFO Tim Anderson
CEO Rhona Driggs

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