CPL reports a near 30% rise in revenue

CPL Resources — the Irish recruitment specialist — has reported a strong set of first-half figures, including a near 30% rise in revenue, but has warned that trading conditions remain “very challenging”.

The Dublin-headquartered company — which also has a presence in central and eastern Europe — said that pre-tax profits for the six months to the end of December, amounted to €4.53 million; a 17% increase on the same period in its previous financial year.

Operating profits grew by 27%, year-on-year, to just under €4.24m; while revenue growth amounted to 28%, to €142.7m. Both earnings per share and the interim dividend to shareholders were up by 20%, on a year-on-year basis, to 10.9 cent and 3c, respectively.