Empresaria (AIM:EMR) – nice results, time to get involved?
The international specialist staffing group, has delivered strong growth in profit over the prior year with earnings per share up 44% on 2013. The valuation looks modest, but can they keep things going and keep debt in-check?
Empresaria Group plc is an international specialist staffing group operating in 18 countries across the globe including UK, Germany, Japan, Indonesia, China, India, Chile, Thailand, Singapore, Finland, UAE and Australia. The Group offers both temporary and permanent staffing solutions in several sectors including Financial, IT Digital & Design, Technical & Industrial and Retail. For the year ending December 2014 net fee income was up 5% to £44.6m, adjusted operating profit up 10% to £6.6m and the final dividend doubled to 0.70p (yield 1.4%). Earnings per share were 7.8p and well ahead of consensus estimates at 7.10p Of perhaps greater significance…