Source - SMW
Cpl Resources posts adjusted pre-tax profits of €17.4m for the year to the end of June - 22% up on last time.

Revenue increased by €39.7 million, to €433.4 million and gross profit rose by 19% to €70.1m.

Earnings per share rose to 43.9c (2015: 40.2c) and the total dividend per share of 11.0 cent is up from 9.75c.

Chairman John Hennessy said: "I am pleased to report that the 12 months ended 30 June 2016 has been a year of growth for Cpl, resulting in record revenues and net fee income.  

"These results have been achieved in a challenging and highly competitive environment and reflect the outstanding service delivered to our clients by all of our people.  Employment trends and economic indicators are broadly positive in our principal markets, and we expect to continue to grow profitably in the months ahead."

Chief executive Anne Heraty added: "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 in the year." 

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