The earnings call highlighted significant revenue growth in several SBUs, particularly in the Career and Technology segments, alongside improved free cash flow. However, there were notable challenges including declines in operating profit and adjusted EBITDA, as well as increased expenses. The overall sentiment is mixed with significant achievements balanced by substantial challenges.
Company Guidance
The earnings call for Persol Holdings, symbol 2181.T, for the second quarter of 2024 highlighted several key financial metrics and strategic initiatives. Revenue increased by 7.8% year-on-year, reaching JPY 654.8 billion, while adjusted EBITDA was JPY 35 billion. The company reported an interim dividend of JPY 43, with a year-end dividend projected at JPY 4.3, following a 10-for-1 stock split. Operating profit fell by 22% to JPY 26.3 billion, and quarterly profit decreased by 23% to JPY 16.7 billion. The report emphasized strategic investments aligning with the midterm management plan 2026, particularly in the Career SBU, which experienced a 29% increase in revenue. The call also detailed growth strategies, including initiatives for reskilling and the expansion of the placement market, expected to grow at a CAGR of over 9% towards 2030. The company aims to maintain a balanced approach to cost control and strategic investment to ensure steady profit in the second half of the fiscal year.
Revenue Increase
Revenue increased by 7.8% year-on-year to JPY 654.8 billion.
Career SBU Performance
Career SBU revenue increased by 29% and achieved a large increase in gross profit of JPY 11.1 billion year-on-year.
Technology SBU Growth
Technology SBU revenue increased by 14% compared to the previous year, with improved operating rates in IT and engineering departments.
Significant Free Cash Flow Improvement
Free cash flow was JPY 33 billion compared to JPY 12.8 billion last year, marking a significant improvement.
Asia Pacific SBU Success
Asia Pacific SBU revenue increased by 6% and adjusted EBITDA by 15%, with facility management performing steadily.
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PERSOL HOLDINGS CO (TEMPF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TEMPF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 11, 2024
$1.68
$1.74
+3.57%
Aug 08, 2024
$1.68
$1.72
+2.38%
May 13, 2024
$1.42
$1.48
+4.23%
Feb 14, 2024
$1.62
$1.58
-2.47%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does PERSOL HOLDINGS CO (TEMPF) report earnings?
PERSOL HOLDINGS CO (TEMPF) is schdueled to report earning on Feb 14, 2025, TBA Not Confirmed.
What is PERSOL HOLDINGS CO (TEMPF) earnings time?
PERSOL HOLDINGS CO (TEMPF) earnings time is at Feb 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.