Strong growth despite a shrinking market
House of HR, the European group of HR service providers, ranks as the fourth largest HR player in the Netherlands. Staffing Industry Analysts announced this last Friday 11 December. With a turnover of 576 million € in 2019, Continu, Covebo and Redmore, the Dutch companies that belong to the House of HR Group, show a remarkable growth of no less than 23%, while the general Dutch HR sector shrunk with 4 %.
Staffing Industry Analysts (SIA for short) compiles a list of the largest staffing firms in the world every year, but also compiles those lists by country. While House of HR ranks 24th globally, with a consolidated turnover of just over 1.8 billion €, the group is climbing from seventh to fourth place nationally. The Group, which in the Netherlands consists of the companies Continu, Covebo and Redmore, achieved a turnover of 576 million €. That is no less than 23% more than in 2018.
The result is all the more remarkable because the general turnover of the HR service providers in the Netherlands fell by 4% in 2019, with a total turnover of 20.6 billion €. The top 3, which consists of Randstad, RGF staffing and Timing Holding, represent 23% of the total turnover in the Netherlands, which indicates a strong consolidation movement.
CEO of House of HR Rika Coppens sees this high ranking above all as proof of the continuous pursuit of high-quality service. "Everyone in House of HR - our Happy Rebels - has worked hard to grow sustainably with a profit profile unparalleled in the market. We maintain our continuous focus on providing optimal service to both candidates and the companies that call on us. "
Questions or would you like an interview with CEO Rika Coppens?
Victoria Hemelaer, CMO House of HR, +32 492 97 35 50, victoria.hemelaer [at] houseofhr.com
About House of HR
House of HR is a leading international services group in the world of human resources. It is the holding company above 9 operating companies representing 38 brands. They are active in General Staffing, Specialist Staffing, Engineering & Consulting and Digital Staffing. Together they have more than 590 offices in 10 countries and in 2019, with their 3,400 employees, they provided jobs to more than 47,000 people. House of HR is originally Belgian and has its headquarters in Roeselare. The French investment company Naxicap is the majority shareholder. Sales for 2019 were € 1.8 billion.
In the Netherlands, House of HR consists of three companies that together represent 13 brands. Continu is active in engineering and consulting and consists of the brands Continu, MténV, Hartd and Techmatch. Covebo provides specialized staffing services through the brands Covebo, Effect, Eurojob, Pran and VNOM. Redmore specializes in consulting and includes the brands Talent & Pro, Profource, Triple A and ITDS.