Business Irish

Saturday 25 February 2017

'Positive start' to CPL Resources' financial year

Gavin McLoughlin

Gavin McLoughlin

CPL chief executive Anne Heraty
CPL chief executive Anne Heraty

Listed recruitment company CPL Resources has had a "positive start" to its current financial year, chairman John Hennessy said.

Last month the company posted a 2.1pc drop in pre-tax profit for the year to 30 June - to €14m - saying investment in strengthening its team and systems caused the fall. Its revenues rose almost 7pc to €393.6m.

Yesterday at the company's agm Mr Hennessy said net fees are "continuing to show growth". "Economic indicators are positive and we expect to perform in line with market expectations in the months ahead," he added.

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