CPL sees revenue soar to €290m
Recruitment company CPL today announced record revenues of €290 million for the year to the end of June, a 23 per cent increase on the previous year.
The firm also saw its operating profit increase by 39 per cent to nearly €10 million with its earnings per share rising 33 per cent to 25.6 cent.
The company said total dividend per share was 6.5 cent, compared with 5 cent in 2011, representing a return of €20 million to shareholders
Chairman John Hennessy said: “The group has responded positively to difficult trading conditions, identified opportunities presented by the changed environments in the markets in which we operate, and has consequently been able to deliver growth and improved profitability across the business.
Chief executive Anne Heraty added: “2012 was a year of significant progress for CPL. Our revenue was the highest in the company’s 22 year history and we have again demonstrated resilience in difficult market conditions.”
“Our focus will continue to be on looking for opportunities in those sectors and geographies that are doing well, while continuing to monitor carefully our cost base.”