StepStone today announced that both its Online and Solutions
business units made notable progress in Q4.
In StepStone's Online business invoiced sales continued to show
strong demand through to the end of the year, driven by record visitor
traffic and our highest ever number of vacancies listed.
Several countries achieved excellent quarterly sales notably
Germany, Belgium, Norway and Denmark and the performance of recent
acquisitions has been particularly pleasing. The contributions of both
IT-Jobbank and JobbSverige in Denmark and Sweden respectively helped
both countries to deliver their best quarterly performance since
acquisition.
StepStone's Solutions business, has signed a record 81 new
customers, 30% more than during the previous record quarter of Q4
2005.
New customer wins include:
-- The strongest quarter to date in the important public sector
market with 8 new public sector customers
-- The addition of Recaro and GEA Group in Germany to a fast
growing German customer roster
-- 8 new customers in The Netherlands including leading insurer
VGZ IZA
-- 6 new customers in France - including Starbucks and Coliposte.
-- 19 new customers in Denmark
-- Land Securities, State Street Bank and The British Library in
the UK
In the quarter StepStone's success as an innovative and successful
e-recruitment company has been internationally recognised. In a
recently published report into global e-recruitment vendors from
Gartner, an independent research firm, StepStone is the only European
vendor of e-recruitment solutions positioned within the much-desired
Leader Quadrant of Gartner's Magic Quadrant Report. In addition,
commenting on the recent acquisition of ExecuTRACK, Gartner noted that
the new combined entity "...will be a formidable competitor to U.S
based providers".
Commenting on the momentum update StepStone CEO Colin Tenwick said
"StepStone looks set to finish 2006 with strong momentum. Both
business divisions were incredibly busy fulfilling demand right
through to the end of the year. This combined with the exciting news
of completing the acquisitions of ExecuTRACK and Jobfinder sets a
solid foundation for growth in 2007 for StepStone".
StepStone will be publishing its full Q4 results on March 1st
2007.
-ENDS-
Note to Editors
About StepStone
StepStone (OSE:STP) was founded in Norway in 1996 and pioneered
the development of online recruitment. Today, StepStone is a leading
provider of online recruitment services and solutions. StepStone's
public career websites cover 13 European countries, providing
high-quality candidates to recruiters quickly and effectively through
individually focused campaigns. StepStone's recruitment solutions
allow customers to operate their own private career sites, covering
both external and internal candidates. Thousands of companies,
including Aviva, Balfour Beatty, Bank of America, AXA, British
Airways, Ericsson, Canon and Fiat, use StepStone's products and
services to help them recruit qualified staff globally. StepStone was
the only European-headquartered vendor to be recognised as a 'leader'
by Gartner, Inc.'s recent "Magic Quadrant for E-Recruitment Software,
2006" report. For more information see www.stepstone.com
