2011 Archive

Financial Highlights

  • Group revenues exceed £0.5 billion, up 11.0% to £507.9 million (2010: £457.6 million)
  • Group net fee income (gross profit) up 10.9% to £38.9 million (2010: £35.1 million)
  • Adjusted profit before tax down 12.4% to £7.1 million (2010: £8.1 million)†
  • Profit before tax down 38.9% to £5.7 million (2010: £9.4 million)
  • Adjusted basic earnings per share down 12.7% to 12.27 pence (2010: 14.06 pence)†
  • Basic earnings per share down 36.2% to 10.01 pence (2010: 15.69 pence)
  • Net debt at year end up 43.7% to £33.3 million (2010: £23.2 million)

Business Highlights

  • Average contractor numbers engaged up 700 to 10,900
  • Strength in core markets Excellent client retention rate
  • Continued expansion and investment for the future:
  • Aberdeen recruitment office and Bristol design centre opened
  • Growing niche areas of IT, Oil & Gas and Telecommunications