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Morson Group reports continued growth as revenue rises in 2012

Morson Group reports continued growth as revenue rises in 2012

Global technical recruitment and engineering project management company, Morson Group, saw revenue and profits rise steadily in 2012, cementing its position as the UK’s No.1 Technical Recruiter.

Group revenues rose 9.3% from &pound507.9 million to &pound555.1 million in 2012, with gross profit up 7.5% from &pound38.9 million to &pound41.8 million.

The continued growth for the company was demonstrated by the introduction of three key international offices in the USA and Middle East earlier this year.

The company – a parent to its subsidiaries, Morson International and Morson Projects – is a key player in the engineering industry, both as a specialist technical recruiter across the industry’s sectors, and also as a design and project management delivery service to high profile engineering projects in the UK and overseas.

Group CEO, Ged Mason, said:“Within a difficult economic period we have again demonstrated resilience through our strength across the technical engineering markets. In particular we have seen growth within aerospace, defence, rail, oil and gas and IT, along with new overseas opportunities driven by a great team of employees across the business.”

Group Chairman, Gerry Mason, stated:“The Board’s view is that the current year will again be challenging. We expect our core markets to remain solid but margin pressures to continue.

“Our priorities are to deliver a world-class service, understanding our clients’ needs and solving the challenges they face around the world, every day.”

For more information about Morson Group, please visit www.morson.com

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