Adcorp reports an increase in revenue

Human resources specialist Adcorp has reported an increase in revenue for the financial year to end-February, but reported lower earnings as the SA and global staffing markets faced headwinds.

The company’s revenue from continuing operations increased by 7.7% to R13bn, marking the second year running of growth, which the company said is a milestone not achieved since the 2016 financial year — particularly amid widespread reductions among local and global workforce solution companies…