Strong Results From Harvey Nash
Harvey Nash, the international executive recruitment and IT outsourcing group, announces strong results and an increased dividend for the year ended 31 January 2009.
Turnover up 32% to 420.1million and profits before tax up 25% to 9.5 million.
Commenting on the results, the Chief Executive Officer, Albert Ellis, said:
"Our strategy of focusing on annuity revenue streams has put the Group in a strong position at a time of uncertain market conditions. The excellent financial results for the year were the result of increased market share combined with a prudent approach to managing the business.
We are successfully capitalising on our competitive advantages and will continue to leverage our unique portfolio of services across our Fortune 1000 client base.
The economic environment in the current year will be challenging and we have already undertaken a prudent review of our expectations for the current year. The Board is confident however, that the Groups market leading businesses will continue to benefit from a flight to quality and growing demand for offshore and outsourcing services.