Management consultancy Korn Ferry had a strong second quarter during which it grew sales 14% year-over-year to $728 million.

When adjusting for currency fluctuations, that 14% sales growth the firm registered turns into an even more impressive 20% increase. And compared with the previous quarter, Korn Ferry’s revenue is up 7% on a constant currency basis.

Korn Ferry makes money by providing management consulting services to large companies. The Los Angeles-based firm’s main expertise is advising leadership teams on the people side of running a business.

To help improve productivity, Korn Ferry can give a company’s executives  pointers on how they can work together better as a team. Additionally, the firm provides employee training services and works with companies to understand what responsibilities should be assigned to which employee.

Korn Ferry’s services are delivered by its workforce of 8,100-plus employees, who are spread across more than 100 offices worldwide. 

“Companies and our clients will undoubtedly have to continue adjusting their organizational and workforce strategies to tomorrow, which is opportunity for Korn Ferry,” Korn Ferry CEO Gary Burnison told shareholders following the release of the firm’s quarterly results. 

Korn Ferry achieved a 18% profit margin in the second quarter. That allowed it to deliver adjusted earnings before certain items such as interest and amortization of $131 million.

For investors, the firm’s $131 million profit translates into adjusted earnings of $1.43 per shares.

Korn Ferry’s other achievements in the second quarter included the acquisition of recruiting agency Infinity Consulting Solutions. The agency specializes in finding candidates for interim senior positions, particularly at companies’ IT departments.

The acquisition of Infinity Consulting Solutions advances a strategic effort by Korn Ferry to scale its recruiting business. Earlier, the consultancy picked up Patina Solutions Group, a Wisconsin-headquartered recruiting agency that also specialized in filling senior interim roles.

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