CPL beats forecasts in buoyant jobs market

Recruitment firm CPL Resources delivered second-half results that were well ahead of market expectations to trigger further earnings…

Recruitment firm CPL Resources delivered second-half results that were well ahead of market expectations to trigger further earnings upgrades for the stock.

The group recorded net fee income of €13.1 million and pretax profit of €4.6 million.

CPL reported increased demand for permanent workers in the IT, telecoms and finance sectors.

On the temporary side, net fees increased 33 per cent, with the group noting strong growth in most areas.