Delivering as Promised
​Empresaria has enjoyed a substantial rerating as the group has delivered against expectations and as profit forecasts have been upgraded. Yet the company continues to be valued at a significant discount to its mid-cap peers. We expect the discount to narrow assuming trading continues to improve, and as the share gains increased recognition. A virtuous circle of higher profits, higher rating, higher market cap, greater recognition would clearly continue to benefit investors, if management can continue to deliver.
Empresaria Group is an international specialist staffing group. As of Dec 31 2016, Co. operated in 19 countries across four geographic regions and across seven primary sectors. Co.'s business is segmented into four regions, U.K., Continental Europe, Asia Pacific and the Americas. Co.'s primary sectors include technical and industrial, information technology, digital and design, professional services, retail, executive search, healthcare, aviation services, and other. Co. has three main service lines, temporary and contract recruitment, permanent recruitment and offshore recruitment services.
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