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Strong growth for financial recruitment firm

Strong growth for financial recruitment firm

Leading recruitment firm The Emerald Group has announced a 57% increase in its turnover to more than 6.6 million as it reports its annual accounts for the year. This is the third year of over 50% growth.

The business, which serves the actuarial, risk and investment professions, has confirmed its position as a leader in the marketplace despite the global economic downturn.

The improved business performance is in line with the management teams business plan and is particularly pleasing in light of the current climate.

It has been achieved through spreading risk, strengthening relationships with existing clients and a general focus on its UK and international recruitment.

CEO Jeff Deacon said: The past year has been a successful one for us and given that we have been in the midst of a recession I am extremely pleased with our results.

We have spread our risk by concentrating less on investment banking and pensions and more on the actuarial market which has now grown steadily for 11 consecutive years. We have also seen our international business expand and have good penetration in the Asian & European markets. We anticipate this trend to continue.

On a personal level I am also pleased that we have not had to lose any of our fantastic team, in fact we have continued to hire people.

All-in-all it has been a good year for us, but we have to keep our feet firmly on the ground as the coming year is likely to be a challenging one.

The Emerald Group is a leading recruitment consultancy serving the actuarial and investment professions at all levels. The company provides staff across five continents and is one of the top companies recruiting across Europe. Hampshire-based Emerald has been operating for more than 11 years and boasts a team of 40 specialists.

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