SFN Group Posts Eight Percent Revenue Gain

April 28, 2011 – Recruiting giant SFN Group/(NYSE:SFN) has posted first quarter 2011 revenues of $500 million, an 8.1 percent increase from revenues of $463 million during the same period last year. The Fort Lauderdale-based company recorded earnings of $2.7 million, or $0.05 per diluted share, compared with a loss of $3.2 million or ($0.06) per share, in the prior year. “We continued to focus on growth among our targeted customer segments and improved our adjusted EBITDA margin 90 basis points year over year in the first quarter,” said SFN Group president and CEO Roy Krause. “Demand for services within our industry continues to be solid and we remain committed to our strategy of driving profitable revenue growth among our targeted customer segments.”