Irish company Cpl’s revenue surges by 10%

DUBLIN: Irish recruitment company Cpl, which employs 25 people in Belfast, has reported a 10% increase in revenues to €433.4m (£365m).

The company said revenue had grown 25% in Northern Ireland during the year, in which it placed over 12,000 staff in jobs in sectors such as technology, pharma and financial services.

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In his company outlook, Cpl chairman John Hennessey said Britain’s decision to leave the European Union presented both opportunities and challenges.

In the year to June, group gross profit increased by 19% to €70.1m (£59m) and adjusted profit before tax was up 22% to €17.4m (£14.7m). The company said demand had risen for both permanent and temporary roles, up 21% and 18% respectively.

Aine Brolly, head of Cpl in Northern Ireland, added that the results “reflect Cpl’s ambition and commitment to grow its market share”.