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Eximius Group goes from strength to strength

Eximius Group goes from strength to strength
Multi sector recruiter Eximius Group has seen a 123% growth in half yearly net fee income (NFI) when compared to 2009 results. Despite the economic crisis, NFI more than doubled in Eximiuss first two years of trading from 0.6m (Jan Dec 2008) to 1.8m (Jan Dec 2009). This strong first half of 2009, with an NFI of 0.7m, provided a solid foundation on which Eximius achieved year end figures of 1.1m, enabling the company to plan for a sustainable future.
Eximius is driven by the fast but steady progression reflected in the figures this year, comments Nick Stevens - Group CEO, even in recent months and as 2010 comes to a close, our brands have maintained a steady profit line enabling us to continue to focus on developing business in new areas.
Eximius Group was established in 2008 and initially specialised in the Financial Services markets. Soon after its incorporation, the business developed into the IT and Technical fields and in the last two years has expanded its portfolio to a total of eight business areas spanning the private and public sectors.
Building on its strong presence in the Financial Services sector, Eximius extended its portfolio of services to include Eximius Law, Eximius Operations and Eximius Front Office. Growth in these areas ensured steady figures, resulting in the revenue of the first half of 2009 exceeding the total profits of the Groups first year of business.
2010 business objectives involved a significant investment in staff, development of new business areas and international expansion into Asia and the Middle East. These were important factors in the delivery of half yearly results of 2.5m NFI, which are predicted to end the year on 6m.
Following this rapid growth, for the next two years Eximius sees group headcount doubling by the end of 2011 and NFI reaching 11m, with a similar pattern for the end of 2012 with NFI finishing on 20m with a staff base of 500. Stevens continues
These are ambitious figures but by no means unobtainable as the opportunities within the recruitment industry continue to develop as they are. With our expansion into the international markets, we will be able to provide the local service expected by our clients - on a global scale. This in turn will command higher profits, wider coverage and more opportunities for the future.


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