Tuesday 24 April 2018

CPL Resources report record year as revenue soars by €40m

Anne Heraty
Anne Heraty
Michael Cogley

Michael Cogley

Revenue at Irish recruitment firm CPL Resources soared by €39.7m over the last 12 months as the company reported a record year.

CPL posted 10pc increases in both revenue and operating profit, rising to €433.3m and €15.4m respectively.

In his company outlook CPL chairman John Hennessey said Britain's decision to leave the European Union presented both opportunities and challenges for the firm.

Elsewhere earnings per share at CPL increased to 43.9c with the firm setting a total dividend per share of 11c, up from 9.75c on the previous year.

Chief executive Anne Heraty praised the company's investments over the last year.

"The investments we made over the past 18 months in people, in technology and in our talent innovation hub are paying off. We are committed to delivering outstanding service to our clients and candidates, supporting them to succeed in a changing environment.

"I am particularly pleased that we ended the year with in excess of 12,000 people working with or on behalf of CPL an increase of over 1,700 in the year," she said.

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