Recruitment firm reveals an increase in profits
Berry Recruitment Group has announced a turnover of Â£65m in 2017 '“ up Â£3m on the previous year.
The recruiter also recorded an increased gross profit of a touch under £13m, and earnings before interest, tax, depreciation and amortisation (EBITDA) of £1.75m.
The company, which has a branch in Gosport and a large Wild Recruitment branch in Portsmouth, also generated a net cash inflow from operations of £1.73m.
BRG operates from 36 locations across England and Wales. Its brands include Berry Recruitment, Wild Recruitment, Express Rail Services and Wild Berry Associates.
BRG chairman Tony Berry said: ‘Again we have seen growth throughout the business – both organically and through acquisition.
‘Our turnover has more than doubled in the last six years and we are planning further significant growth this year – and already we are recording profits above targeted levels. The demand for our services continues to increase and the job market remains buoyant.’