Brunel International NV
AEX:BRNL
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Brunel International NV
Brunel International NV engages in the provision of secondment, project management, recruitment, and consultancy services. The company is headquartered in Amsterdam, Noord-Holland and currently employs 12,246 full-time employees. The firm is a provider of staffing and placement services primarily in the segments, such as Engineering, Energy, Information and Communications Technology (ICT). The company offers staffing, project management, recruitment and consultancy services. The firm concentrates its activities on such markets as mining, utilities, biotechnology, finance, automotive, shipbuilding, electronics, aerospace, building and construction, rail, among others. The company operates over 100 branches in such countries as Angola, Azerbaijan, Chad, the Czech Republic, Russia, among others and provides its services to customers in over 40 countries worldwide.
Brunel International NV engages in the provision of secondment, project management, recruitment, and consultancy services. The company is headquartered in Amsterdam, Noord-Holland and currently employs 12,246 full-time employees. The firm is a provider of staffing and placement services primarily in the segments, such as Engineering, Energy, Information and Communications Technology (ICT). The company offers staffing, project management, recruitment and consultancy services. The firm concentrates its activities on such markets as mining, utilities, biotechnology, finance, automotive, shipbuilding, electronics, aerospace, building and construction, rail, among others. The company operates over 100 branches in such countries as Angola, Azerbaijan, Chad, the Czech Republic, Russia, among others and provides its services to customers in over 40 countries worldwide.
Revenue Stabilization: After five quarters of decline, revenue stabilized in Q3 2025, remaining flat versus Q2 but still down year-on-year.
Profit Pressure: Gross profit fell by 16% year-on-year, outpacing the 7% organic revenue decline due to price and margin pressure, especially in Germany and the Netherlands.
Cost Reductions: The company fully executed an additional EUR 10 million cost-cutting program in Q3, bringing total recent savings to EUR 30 million.
Regional Trends: Europe continues to face challenges, while regions like Middle East, India, and Asia show growth or stabilization. Australasia reduced low-margin business but improved margins.
One-Off Write-Off: A EUR 4 million receivable was written off following a client administration filing.
Outlook Unchanged: Q4 is expected to follow similar trends as Q3, with management maintaining focus on technology and core markets for future growth.
