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Singapore HR firm Sheffield Green's FY revenue and net profit rise on client, training growth

Singapore HR firm Sheffield Green's FY revenue and net profit rise on client, training growth


Overview

  • Singapore HR services provider's FY2026 revenue rose 20% yr/yr, driven by client and training growth

  • Gross profit up 25% yr/yr, with margin expanding to 29.2%

  • Net profit rose 51% yr/yr, company ended year with net cash position


Outlook

  • Company sees strong demand ahead as global offshore wind sector projected to grow 24% annually to 2030


Result Drivers

  • CLIENT AND TRAINING GROWTH - Revenue growth driven by higher demand from existing clients, new clients, and increased contribution from training segment

  • TRAINING SEGMENT EXPANSION - Training segment, consolidated under Trainergy, grew to 7.3% of group revenue, aided by full-year contribution from Spain centre

  • MARGIN IMPROVEMENT - Gross profit margin expanded to 29.2% from 28.1% due to outpacing revenue growth and operational scale


Company press release: ID:nSN6S6sjz


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

FY Revenue

$23.19 mln

FY Gross Profit

$6.77 mln


Reuters Recommended Reads

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  • Aug 25 - Grupa Pracuj lifts recruitment revenue forecast on recovering Polish demand


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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