Source - SMW
Recruitment group Kellan's revenues fell by 11.8% to £21.9m in the year to the end of December.

But the group said H2 revenue of £11.9m grew by 19.6% compared with the first half while H2 net fee income (NFI) of £3.5 million grew by 3.4% compared to H1 2016 (£3.3 million).

The group booked an  impairment charge (non-cash) against goodwill of £2.6 million (2015: nil).

The group made an operating profit before impairment of £0.4m compared with an operating profit of £0.8m in 2015.