Recruitment firm sees improvement in its markets

RECRUITMENT firm CPL Resources said that it is seeing a “noticeable improvement” in its markets with analysts saying the company is well placed to perform strongly in the future.

The company said pretax profits for the year to June rose to €5.3 million from €1.7m in the previous year.

However, in what it called the most severe labour market conditions and operating environment in its 20-year history, revenues fell by 11% to €189.9m.