Empresaria (LON:EMR) has sparked a second forecast upgrade in three months following its interim figures. The international recruitment firm has reduced its cost base and operational gearing means that profit can recover rapidly.
The share price jumped 11.5p to 92.5p, which is still not much more than 50% of the high in the past decade, which was hit back in 2017.
In the six months to June 2021, net fee income was flat at £28.4m and underlying pre-tax profit jumped by two-thirds to £4m. Profit improved in all geographic regions. Earnings more than doubled to 4.1p a share.
Healthcare ...
