Results for the year ended 31 December 2022

Solid growth and building to deliver on our medium-term ambitionsEmpresaria, the global specialist staffing group, reports its final results for the year ended 31 December 2022.​​Highlights​2022​2021​% change​% change (constant currency)*2Revenue£261.3m£258.4m+1%+0%Net fee income£65.4m£59.5m+10%+8%Operating profit£8.8m£6.7m+31%Adjusted operating profit*1£10.2m£9.3m+10%+6%Profit before tax£7.6m£6.0m+27%Adjusted profit before tax*1£9.0m£8.6m+5%Diluted earnings per share6.7p4.5p+49%Adjusted diluted earnings per share*18.8p8.6p+2%​*1    Adjusted to exclude amortisation of intangible assets identified in business combinations, impairment of goodwill and other intangible assets, exceptional items, fair value charges on acquisition of non-controlling shares and, in the case of earnings, any related tax.*2    The constant currency movement is calculated by translating the 2021 results at the 2022 exchange rates.​Solid growth in net fee incomeUp 10% year-on-year to £65.4mYear-on-year growth in every quarter, but softening as the second half progressedOffshore Services up 75% year-on-yearStrong growth in Professional across theUKand APACPartially offset by the expected reduction in Healthcare after a record 2021Adjusted operating profit up 10% to £10.2mAdjusted profit before tax up 5% to £9.0mAdjusted, diluted earnings per share up 2% against prior year reflecting weighting of performance towards operations with a higher proportion of non-controlling interestsAdjusted net debt of £7.9m, reduced by £6.1m from 31 December 2021Proposed dividend of 1.4p per share, an increase of 17% reflecting the Board's confidence in the Group's prospects and its strong cash generationTargeted investment in headcount - Offshore Services up 27%, the rest of the Group up 8% compared to 31 December 2021Increase in staff productivity - up 6% year-on-yearTwo new Non-Executive Directors, Steve Bellamy and Ranjit de Sousa, appointed in January 2023 and February 2023 respectivelyPenny Freer appointed as Chair of the Board, having been Interim Chair since June 2022​Chief Executive Officer, Rhona Driggs, commented:"We are pleased to have delivered solid growth in both net fee income and profits against a rapidly changing economic backdrop which saw demand soften in the second half of the year. We continue to see the benefits of our diversification and are starting to see the positive results from the targeted investments we have made in people, technology and process as evidenced by our strong growth in Offshore Services, our early success in delivering Recruitment Process Outsourcing in APAC, and an increase of 6% in staff productivity.We look forward to the year ahead with some caution given the ongoing global economic uncertainty. We will continue to focus on executing on ourRoadmap to £20m to deliver on our medium-term ambition to double adjusted operating profit."​Investor presentationIn line with Empresaria's commitment to ensuring appropriate communication structures are in place for all sections of its shareholder base, management will deliver an online results presentation open to all existing and potential investors via the Investor Meet Company platform on Tuesday 28 March 2022 at 3:00pm UK time.Investors can sign up for free via: https://www.investormeetcompany.com/empresaria-group-plc/register-investor.The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under theUKversion of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.​Enquiries:Empresaria Group plcRhona Driggs, Chief Executive OfficerTim Anderson, Chief Financial Officervia Alma PRSinger Capital Markets (Nominated Adviser and Joint Broker)Shaun DobsonJames Moat020 7614 3000Cenkos Securities plc (Joint Broker)Katy Birkin/Charlie Combe (Corporate Finance)Michael Johnson/Jasper Berry (Sales)020 7397 8900Alma PR (Financial PR)Sam ModlinPippa CrabtreeHilary Buchanan020 3405 0205empresaria@almapr.com​Notes for editors:​Empresaria Group plc is a global specialist staffing group.  We are driven by our purpose to positively impact the lives of people, while delivering exceptional talent to our clients globally.  We offer temporary and contract recruitment, permanent recruitment and offshore services across six sectors: Professional, IT, Healthcare, Property, Construction & Engineering, Commercial and Offshore Services.Empresaria is structured in four regions (UK & Europe, APAC, Americas and Offshore Services) and operates from locations across the world including the four largest staffing markets of the US, Japan, UK and Germany along with a strong presence elsewhere in Asia Pacific and Latin America.Empresaria is listed on AIM under ticker EMR.  For more information visit empresaria.com.​

Embracing Equity at Empresaria

​This year's theme for International Women’s Day is #EmbraceEquity. The aim of the campaign theme is to understand the difference between equity and equality and get the world talking about why equal opportunities aren't enough. People start from different places, so true inclusion and belonging require equitable action.By challenging gender stereotypes, calling out discrimination, drawing attention to bias, and seeking out inclusion we can create a fair and equal world for all. ​“Equity goes beyond having a mix of gender, generation and people from different cultural backgrounds. It is about embracing and celebrating all differences as well as creating a work environment where everyone is and feels seen, heard and valued. This creates a sense of safety and trust, promoting belonging which we embrace at LMA.”Nikolai Balzer, LMA Recruitment UK​“We are a global business currently working with clients across 5 continents and candidates from 6 continents! Though we see women at all levels of aviation, representation is out of balance. We are fortunate to have some trailblazing women in aviation joining us next week for a webinar to discuss the important topic of gender diversity in our industry and how we can empower girls and young women to choose a future in the so-far typically male dominated environments of the cockpit or engineering. Our speakers from Africa and Europe will bring a wealth of knowledge and experience of the different levels of encouragement, support and opportunities needed across continents to work towards gender equity.”Lisa Evans, Rishworth Aviation​“Equality is one of the core values at Medikumppani and therefore it’s embraced every day in many ways.  In our team each thought, and idea is heard, valued and appreciated. We understand that the best ideas are evolved together and therefore every role is equally important. Everyone is supported and offered the same fair opportunities to grow and every victory, big or small, deserves celebration. We understand that the way we treat, and respect others is always benefiting our candidates and clients too.”Teija Koskinen, Medikumppani​“At Monroe, each job grade is paid the same, no matter age, gender, sexual orientation, or anything else. Every one of us have the same opportunity for promotion based on ability, facts and figures, not preferential treatment. In 18 years of this career, this is the only place I have known to operate like this.”Kitty Noble, Monroe Consulting Thailand​“Here at Become, we always employ the best person for the job regardless of their gender, heritage, sexuality, or background. Over the years we’ve employed people from many different walks of life, and what I’ve learnt is that every individual is unique, so one size doesn’t fit all. We have an open office that celebrates equality and doesn’t tolerate discrimination of any kind. We try and make the workplace an inclusive, safe space where everyone can express their true authentic selves. 60% of our current team is female and we’ve always naturally had a higher ratio of women to men. We offer flexibility when it comes to things like childcare as juggling full-time careers with family can sometimes be tricky and unpredictable!”Justin Moore, Become Recruitment​“We, at IMS, believe and strive to live, practice, and experience our values. I will take an example of one of our values, care. Respecting everyone and their perspectives, getting into their world, and nurturing relationships. Equality and diversity are at the heart of everything we do. Every individual may face unique personal and professional situations in their life. We understand their world by offering committed listening and providing support to the individuals. We manage such situations with the utmost care, and support them as much as we can, so that they can flourish.”Swati Pandit, IMS Group​"As an employer, Become support and embrace working parents/working mums with the daily juggle with work, life balance! They offer hybrid working and flexible working arrangements. There is a strong “family comes first” approach which is supported by the management team, and the rest of the Become team!"Kim Leavy, Become Recruitment​"At Grupo Solimano, we value and respect women in their different roles (mother, wife, daughter, grandmother, worker, etc.), all of which are accomplished with energy, courage, enthusiasm, creativity, and ingenuity. On this very special Women's Day, we want to tell you that we admire you for the fundamental and relevant role you play in the lives of all your families."Luz Maria Huayllani Soria, Grupo Solimano​"At Become, I feel valued in not just being given equal opportunities to my peers with regards to promotion and progression, but my opinions and ideas are listened to, understood and encouraged. I always feel confident in my role to contribute input which makes me feel respected and appreciated." Amelie De Candolle, Become Recruitment​To find out more about this year’s theme, visit the website: https://www.internationalwomensday.com/Theme

Appointment of Independent Non-Executive Director

​Empresaria is pleased to announce the appointment of Ranjit De Sousa to the Board as an Independent Non-Executive Director, with immediate effect. Ranjit will join the Audit, Remuneration and Nomination Committees upon appointment.Ranjit has a particular expertise in strategic and digital transformation and is currently the Managing Director of The Coalyard, an advisory business he founded in 2021 to advise on strategic focus, growth acceleration and funding of ventures including in the work-tech sector. In his 16-year career with The Adecco Group, Ranjit held a number of senior executive roles, most recently as Global President of Lee Hecht Harrison where he delivered market leading growth rates and two consecutive years of record performance. Ranjit was also a former Board Member of the World Employment Confederation.Penny Freer, Interim Chair, commented:"It is a great pleasure to welcome Ranjit to the Empresaria Board. His deep sector expertise, coupled with his experience of scaling organisations through digital innovation, brings a unique skillset to Empresaria. Having led large operations across multiple geographies, Ranjit brings with him a wealth of experience which will complement and strengthen our existing Board and support our growth ambitions."

Tackling the Great Talent Paradox: A roadmap for hiring and retention success in 2023

​Despite looming economic uncertainty and the likelihood of recession in many economies, global job vacancies remain high with unemployment levels at historic lows. Employers are battling with not only finding the right talent for their organisation but retaining existing employees as attrition rates sore in many sectors.We recently surveyed over 3,000 employees working across all sectors, and with a global geographical spread, to find out what is important to employees as we enter 2023. We wanted to uncover how employees are feeling about their world of work and what makes them stay or leave their employers.​A key theme of our findings was employee dissatisfaction. Our research revealed:Almost half of respondents (48%) had changed jobs in 2022The majority (51%) are already actively looking for their next roleOver a third (37%) are open to new opportunitiesA staggering 88% aren’t happy in their current roles​From salary and benefits to flexible and remote working, from career development and upskilling to DEI and ESG, in our latest report we address the key themes and questions that will occupy the minds of HR and business leaders in 2023, including:How much truth is there in the phenomenon of ‘quiet quitting’?How much time do employees want to spend in the office vs. at home?What are the secrets to success when it comes to talent attraction and retention?What should employers do to counter the scourge of stress and burnout?How can companies improve DEI outcomes and create more inclusive environments?​By dissecting our survey findings and unearthing what candidates want and the areas employers must focus on in 2023, we help our clients to remain competitive.​To read the full report, click here.

Appointment of Independent Non-Executive Director

​Empresaria is pleased to announce the appointment of Steve Bellamy to the Board as an Independent Non-Executive Director, with immediate effect. Steve will join the Audit, Remuneration and Nomination Committees immediately on appointment and Penny Freer will stand down from the Audit Committee.Steve is a Chartered Accountant with extensive experience as a chair and non-executive director with a wide range of both public and private companies. He is currently the Senior Independent Director at Caffyns PLC and prior recent appointments include Non-Executive Director of Advanced Medical Solutions Group plc and Michelmersh Brick Holdings plc, and Chairman of Becrypt Limited and Concirrus Limited. Steve was also formerly Chief Operating Officer and Finance Director of Sherwood International plc.Further to the Company's announcement on 6 June 2022, the process is ongoing to appoint an additional independent Non-Executive Director and a further announcement will be made in due course.​Penny Freer, Interim Chair, commented:"I am delighted to welcome Steve to the Empresaria Board. He has extensive experience of working with ambitious growth companies, as well as a strong focus on strategic planning and execution. His skill set will both complement and further strengthen our Board as we continue to execute our strategy."

Rhona Driggs recognised in Staffing Industry Analyst’s Global Power 150 Women in Staffing for the 7th consecutive year

Rhona Driggs, Chief Executive Officer of Empresaria Group plc, has been recognised in the Staffing Industry Analysts Global Power 150 Women in Staffing, for the seventh consecutive year.Rhona’s stature within the industry and her contribution and commitment to both Empresaria and the wider global staffing market is impressive; Her inclusion in the Global Power 150 Women in Staffing for the seventh-year running is a well-deserved reflection of this.Rhona has over 30 years’ experience working in international companies within the staffing sector and has a proven record of delivering growth and driving innovation. During her time at Empresaria, Rhona has led many positive changes within the Group.Rhona is an active voice in promoting DE&I in the workplace and women in leadership andhas been driving Empresaria’s own DE&I agenda. She is passionate about supporting female leaders within the sector and recently published a book alongside 14 other female executives. ‘Together We Rise’ hopes to break down stereotypes and instil confidence in the next generation of female leaders. Rhona is also a member of WBC (Women Business Collaborative) and acts as a role model and mentor for many individuals both within Empresaria and more widelyNow in its eighth year, this annual list recognises women for their outstanding efforts and achievements in elevating the workforce solutions ecosystem.“These forward-thinking women have turned challenges into springboards to success. From heading up impactful organizations to steering essential projects to fine-tuning the hybrid model, they have led with grace and empathy,” said Subadhra Sriram, SIA’s editor and publisher, media products. “Congratulations to this year’s honorees who are navigating, adapting and innovating in this new world of work. The remarkable women gracing our 2022 Global Power 150 list exemplify strength and leadership in the staffing industry.”Rhona on receiving this recognition said: ‘I am delighted to be included in this year’s Global Power 150 amongst such inspirational and pioneering women within the staffing industry. As female leaders it is our role to ensure we inspire and support the next generation of women looking to advance their careers. This year I am particularly proud of how we have collaborated to leverage our collective strength and share our stories through our ‘Together we Rise’ book. It is only when we come together that we can make a significant impact within the sector.’​See Rhona’s Profile – 2022 Global Power 150 Women in Staffing​About Staffing Industry Analysts (SIA)Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Their proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor. SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services. They also provide training and accreditation with a unique Certified Contingent Workforce Professional (CCWP) program.Known for their award-winning content, data, support tools, publications, executive conferences and events, SIA help both suppliers and buyers of workforce solutions make better-informed decisions that improve business results and minimize risk. As a division of the international business media company, Crain Communications Inc., SIA is headquartered in Mountain View, California, with offices in London, England.​

Rhona Driggs recognised by SIA’s Staffing 100 Europe List

​The global specialist staffing group Empresaria is pleased to announce that Rhona Driggs, CEO of Empresaria, has been recognised for the third consecutive year by Staffing Industry Analysts (SIA) in the 2022 list of the 100 most influential European staffing leaders.Now in its ninth year, the annual list recognises influential European staffing leaders bravely elevating and furthering the workforce solutions ecosystem. Subadhra Sriram, SIA’s Editor and Publisher, Media Products said: “A hearty congratulations to the 2022 honourees. Thank you for leading the way during uncertain times, providing opportunities for talent and employers as well as making a meaningful difference in your global communities.”​Rhona commented:“It is once again a great honour to be named as part of the Staffing 100 Europe list amongst these remarkable leaders.  This recognition is only made possible by the dedication and hard work of the team at Empresaria. Despite some turbulent market conditions, I am proud of what we have been able to achieve over the past year. With our new regional leadership, we have collaborated like never before, driving growth and building a strong culture.”​Tim Anderson, CFO of Empresaria, spoke on Rhona's recognition:“Rhona’s customer centric approach and strong leadership ensures that we continue to evolve as a business and progress on our transformation journey. Rhona has built a cohesive and highly talented leadership team to take the business to the stage as we look to double our operating profit in the medium term. The continued recognition by SIA reflects her long-standing reputation and profile within the industry.”​About the AwardSIA is a global advisor on staffing and workforce solutions. The list honours those individuals whose excellence, drive, and significant efforts stand out as exemplary in the industry over the past year. The 2022 list, comprised of 100 notable influencers, is based on nominations from the ecosystem. It’s not a ranking. Rather, it’s a nod to those leading the charge in the industry. This year’s list includes CEOs, strategists, technologists, reformers and more. They are the executives committed to building their companies while navigating the complex workforce solutions ecosystem.​See Rhona’s Profile – 2022 Staffing 100 Europe List

Empresaria Group plc named on SIA’s 2022 list of Fastest-Growing US Staffing Firms

​SIA’s annual list recognizes US Staffing Firms that achieved significant organic growth over five years.Empresaria has been named on the 2022 list of Fastest-Growing Staffing Firms in the US. Published annually by Staffing Industry Analysts (SIA) – the global advisor on staffing and workforce solutions – the list ranks US firms by compound annual growth rate (CAGR) for staffing revenue over five years.Empresaria’s brands located in the United States are Medical Recruitment Strategies and ConSol Partners which operate in the Healthcare and IT sectors respectively. The recognition by SIA reflects the excellent service our teams have provided to our clients over the past five years, including during 2020 and 2021 when COVID was a significant impact.​Garrick Cooper, President, North America Empresaria, spoke on the recognition:“We are proud of being named as part of the 2022 list of Fastest-Growing US Staffing Firms. This is a testament to the discipline, dedication and perseverance of our sales, recruiting, and operations teams across the Empresaria brands in the US. Our Healthcare operation, Medical Recruitment Strategies, delivered to explosive demand, when our clients and communities needed support the most. Our specialty IT operation, ConSol Partners, saw continued growth across the rapidly evolving technology sector. Together, Empresaria is committed to positively impacting the lives of people, while delivering exceptional talent to our clients”​To be considered one of the Fastest-Growing Staffing Firms, companies must meet a minimum revenue threshold of $1 million in 2017 and have had a CAGR of at least 15% between 2017 and 2021. Each staffing firm is profiled online at fastestgrowing.staffingindustry.com.​About EmpresariaEmpresaria Group plc, a global specialist staffing group, operates in 19 countries, but supplies to numerous others. The 6 diverse sectors Empresaria supplies global recruitment solutions for are Professional, IT, Healthcare, Property, Construction & Engineering, Commercial and Offshore Services. Founded in 1996, we are motivated by our passion for the staffing industry and are dedicated to making a positive difference in people's lives while providing exceptional talent to our clients. Empresaria Group plc is publicly listed on the London Stock Exchange.​About ConSol PartnersWith offices in Los Angeles, Austin and London, ConSol Partners provides permanent and contract recruitment solutions to FTSE & Fortune 500 companies, global brands and start-ups in the core technology domains of Artificial Intelligence & Emerging Technologies, Information Technology, Enterprise & Cloud, Software & Web Development, FinTech & Banking and Broadcast & Video Technology. Since 2008, ConSol Partners has established themselves as one of the world’s leading technology recruitment brands.Find out more, or contact ConSol Partners, here.​About Medical Recruitment StrategiesMedical Recruitment Strategies have been providing recruitment services to the healthcare industry since 2004. Headquartered in Stoneham, Massachusetts, Medical Recruitment Strategies specializes in the placement of professionals in pharmacies, hospitals, healthcare organizations and life science industries optimizing the job search and placement process across the United States and Puerto Rico.Find out more, or contact Medical Recruitment Strategies, here.​About Staffing Industry Analysts (SIA)Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Their proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor. SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services. We also provide training and accreditation with our unique Certified Contingent Workforce Professional (CCWP) program.Known for our award-winning content, data, support tools, publications, executive conferences and events, we help both suppliers and buyers of workforce solutions make better-informed decisions that improve business results and minimize risk. As a division of the international business media company, Crain Communications Inc., SIA is headquartered in Mountain View, California, with offices in London, England. Learn more at staffingindustry.com.

​Results for the six months ended 30 June 2022

​Empresaria Group plc (AIM: EMR), the global specialist staffing group, is pleased to announce its unaudited interim results for the six months ended 30 June 2022.Click here to download the full Interim Statement 2022. ​For further information contact:Empresaria Group plcRhona Driggs, Chief Executive OfficerTim Anderson, Chief Financial Officervia Alma PRSinger Capital Markets (Nominated Adviser and Broker)Shaun Dobson/James Moat020 7496 3000Alma PR (Financial PR)Sam ModlinHilary Buchanan020 3405 0205 empresaria@almapr.com