Cpl Achieves Record Revenues of €433.4m
1st September 2016
Cpl Resources Plc, one of Ireland’s leading employment services group, today reports a record year with a 10% increase in revenues to €433.4m in the year to June 30th, 2016.
Gross profit has increased by 19% to €70.1m and Adjusted Profit before tax has increased by 22% to €17.4m. Earnings per share have grown 9% to 43.9 cent (2015: 40.2 cent) with a total dividend per share of 11.0 cent (an 11% increase, from 9.75 cent in 2015).
Demand for both permanent and temporary roles grew across most sectors, growing 21% and 18% respectively. This year Cpl employed over 12,000 staff on client sites in high quality jobs in sectors such as technology, pharma and financial services industries. This represents a growth of nearly 17% in Cpl-employed staff on behalf of clients.
The company has invested heavily in people and technology in the last 18 months. Cpl attributes its growth and success to the outstanding talent, expertise and commitment of Cpl’s people and their dedication to delivering excellence. The acquisition of Clinical Professionals has been integrated into the Group and extends our reach and builds on the services we offer our clients.
Anne Heraty (pictured), CEO, said: “Cpl had a record year, with revenues and gross profits of €433.4m and €70.1m respectively. 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 on the year.”