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Concept IT reports strong 2008 full year results.

Concept IT reports strong 2008 full year results.

Despite a challenging 2nd half to the year, Concept reports continued growth over 2008. The company reports 321 permanent and 523 contract placements over the year. Gross profit sales have increased 60% over the previous year.

Permanent sales have increased over the same period last year, with significant growth in contract sales. The public sector team has seen significant growth and continues to record strong sales.

Commenting on the results, Chris Short, Managing Director says "2008 was another successful year for the company with strong growth in GP sales and turnover. Our contract sales, especially within our public sector team have seen pleasing growth over the year which moves us closer towards our strategic goals. We have made a number of successful new hires in a year which has seen our headcount continue to grow. We have also made significant investment into staff training and development and recently hired an internal training manager which allows us to continue to attract and develop the best talent in our industry.

Although we enter 2009 in challenging times, we have a great team of people. The Directors are confident we are well positioned to capitalise on the downturn through continuing to hire experienced consultants and take advantage of the market recovery when it happens.

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