Tuesday 16 January 2018

CPL Resources: Recruitment firm reports half year hike in revenues and profits

Anne Heraty was
named the Ernst
and Young Irish
Entrepreneur of
the Year in 2006.
She believes it is
the individual's
responsibility to
make themselves
more attractive
to a potential
employer
Anne Heraty was named the Ernst and Young Irish Entrepreneur of the Year in 2006. She believes it is the individual's responsibility to make themselves more attractive to a potential employer
Ailish O'Hora

Ailish O'Hora

Recruitment firm CPL Resources has reported a 17pc in pre-tax profits to €7m for the half year ended December on revenues of €184.3m, a 14pc increase.

It also announced a 19pc increase in interim dividend per share to 4.75c.

Today the company said that for the six month ended December 31 t continued the delivery of strong growth across the business.

The group's operating profit of €6.9m for the six months was higher than the same period last year and it added that it continues to experience positive momentum in its main markets although challenges remain.

"As a result our gross profit generated from permanent placements in the six months to December 2013 was €10m, an increase of 34pc," said John Hennessy, chairman.

"I am particularly pleased to report strong growth in our international business, reflected by the fact that 40pc of our permanent fees were generated outside of Ireland in the six months to 31 December 2013.

The company's chief executive is Anne Heraty, one of only two CEO's of Irish listed companies.

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