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NRL buck the trend with increased profits

NRL buck the trend with increased profits

NRL Group Ltd, the trade and technical recruitment specialists, have posted improved figures for the first half of the year to 30th June 2009.

Group turnover increased by 13% compared to the same period in 2008 up from 33.5m to 37.9m. Gross profits increased from 3.1m to 3.3m.

Says Mike Barber, the Groups MD, Despite difficult trading conditions, the Group has performed exceptionally well, bucking the downward trend seen by the majority of recruitment businesses. The NRL Group has continued to invest for the future with significant e-commerce and infrastructure related investments during the period. Profit margins are down slightly (by 0.5%), but given the prevailing market conditions and our continuous investment strategy we are particularly pleased with these very positive half-year results. Many thanks are due to our clients for their continued loyalty and dedicated staff for all their hard work and commitment.

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