The Taplow Group S.A., a leading Global Executive Search, Human Capital, Board Advisory and Interim Executive company with 21 partner firms located across 6 continents released its 2020 financial results .
- The Taplow Group global results for 2020 were very positive delivering a combined partner firms’ year on year turnover increase of 9%.
- Executive Search services saw a modest 0.4% increase on 2019, Human Capital and Executive Interim services saw a year of high growth with a 120% increase.
- The total number of projects delivered showed a small decrease on previous year. This can be tracked as the pandemic resulted in countrywide and regional lockdowns impacting projects started and then were put on hiatus.
Mark Firth, Chairman ,The Taplow Group S.A. remarked
“ We entered 2020 with a positive outlook; what transpired became our most challenging year to date for our partners, clients, candidates and their families. Our partner firms weathered the storm and the group grew their revenue streams, which is a testament to our consultants resilience, agility and determination. We welcomed a new partner firm in China into our group to enhance and augment our Executive Search capabilities in this important economic region. The group also enhanced its marketing and social media initiatives, whilst many in our industry ceased or reduced theirs. This resulted in substantial growth in market awareness. However, we saw many countries being severely impacted by multiple county lockdowns occurring during key calendar periods.”
As Mark looked ahead at the 2021 outlook, he said “We foresee executive search services returning to 2019 levels by Q3 2021. Our Human Capital and Interim Executive services are continuing to grow, as businesses continue to react to the evolving situation. We also have strategies in place to grow our organisations presence in the Americas and Asia regions through 2021 and beyond”.
Ian Stacy, CFO , The Taplow Group S.A. reflected on the financial results
“The results were pleasing when we consider the global market conditions of 2020. Particularly when we consider the devastating pandemic effects in Europe with our partners in Spain, Italy, France, and Germany heavily impacted. The USA performance was a sign of the resilience of this business. India and Africa experienced severe pandemic shock. The APAC region was not as severely impacted and new partners in this region delivered an improving result event when like for like revenue were measured. The Taplow Group continues to offer a business model that delivers outcomes for clients regardless of market conditions.”
Sangeeta Sabharwal, COO, The Taplow Group S.A. speaking on our partner firm’s performance
"The positive results, as they have emerged at the end of the year, are a clear sign of the deep level of engagement that our Partner firms enjoy with their clients in each of the markets where The Taplow Group is represented. What has certainly helped, has been the quality of collaboration and uniformity of processes amongst the Partners in the different regions of the world. The fact that The Taplow Group is being chosen as the preferred global supplier for global corporations, has also provided the group with the much-needed impetus, in an otherwise incredibly challenging year“. Sangeeta summed up 2020 thoughts,” a combination of expansion of our network in APAC & Europe at one level and the consolidation of operational processes and policies, has together worked to minimize the impact of the pandemic and deliver positive results.”
The Taplow Group S.A.
Established in 2002, the group has 21 partner firms, located across 6 continents in 18 countries. Our partner firms offer Executive Search, Human Capital, Board Advisory and Executive Interim services across multiple industry sectors.
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