"An excellent performance in Europe has driven further growth in Q2, our eleventh consecutive quarter of year-on-year growth."
“The significant headcount investment we made earlier in 2015 drove a further acceleration of growth to 14%(1) in Germany, our second-largest business, and elsewhere in Europe, 7 countries delivered record performances, including France. Market conditions in Australia continued to vary significantly, with good growth in New South Wales and Victoria and in the public sector recruitment market offset by difficult conditions in the mining-focused regions. In the UK the rate of growth slowed against tougher comparators and as the public sector recruitment market became more challenging through the quarter.
As ever, activity levels at the start of the new year will be an important driver of the Group’s second half performance and, while we are mindful of the greater uncertainty our world faces today, we continue to see many opportunities to drive growth. Against this backdrop, our focus remains on continual improvement in business productivity and disciplined cost control in order to maximise the conversion of net fee growth into profit and cash.”