Business

Recruitment firm CPL reports growth in revenues and profits

Cpl Solutions international director, Áine Brolly

RECRUITMENT group Cpl, of which Belfast-based Cpl Solutions Ltd is part, has reported an increase of almost a quarter (23 per cent increase) in pre-tax profits to €11 million (£9.6m).

In the six months to December 31, the group delivered continued growth in revenues, net fee income and profits, underpinned by strong growth in their finance and technology divisions.

End of year financial figures for the recruitment specialist firm show a 9 per cent increase in overall revenues to €278.6 million (£243m) and a 15 per cent increase in gross profit to €46.4 million (£40.5m), up 15 per cent on the same period in 2017.

Cpl Solutions international director, Áine Brolly said 2018 was another year of "high growth"

"We are proud to play a key role in the overall success," she said.

"With a presence in 11 countries, including flagship offices in Dublin and Belfast, the economic outlook for the Cpl group is positive."

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