CPL profits up despite construction 'slump'

CPL has announced full year results for the year ended June 30 2007.

Development momentum continued in the year to June 2007 and the company’s net acquisitions spend for the twelve months amounted to €4.9m.

Commenting on the group’s performance and outlook, CPL chief executive, Anne Heraty, said: “I am pleased to report another strong performance for Cpl in the year to 30 June 2007. Profit before tax increased by 82% to €19.3m, this is our third consecutive year to deliver profit before tax growth of over 80%.”

She added: “Our performance can be attributed to the ability and focus of our people in responding to the needs of our clients. In CPL we recognise that our clients’ needs are constantly changing and that flexibility is a key factor to developing and growing strong client relationships. We believe that our success comes from our core belief in candidate care and our commitment to delivering a high value service to all our clients”