Accordant Group reports reduced loss

Accordant Group has reported a reduced after-tax loss of $1.1 million for the six months to September 2025.

Revenue declined by 8% to $82 million, due to challenging economic conditions.

However, the company achieved an improvement in net operating cash flow, reaching $2.5m.

Accordant's white collar segment returned to profit, while the blue collar division experienced a 4.6% decrease in revenue.

The executive recruitment sector, particularly specialist search company Hobson Leavy, saw strong growth in revenue and profitability.

Accordant Group's commitment to health and safety was highlighted as it met the revised criteria for the ACC Accredited Employer Programme assessment.

The company said it will continue to focus on discipline and efficiency in order to maximise the benefits of recovery in business and consumer confidence.