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Pertemps announce 9.5m increase in gross profit

“PNG has invested in people, infrastructure, a rebrand, acquisitions and new start-up businesses making it well placed to address the global requirements of its customers.

“This investment appears to be paying off with Gross Profit rising in 2014, and the business generating cash as planned.”

He added, “PNG has continued its proud history of employee involvement, with the newly formed group being owned and controlled by its employees.”

Financial highlights:

SixMonths to

June2014 (Unaudited)

&poundm

SixMonths

toJune2013 (Unaudited)

&poundm

Change

 

&poundm

Year

Ended Dec2013 (Audited)

&poundm

Year

Ended Dec2012 (Audited)

&poundm

Change

 

&poundm

Turnover

265.8

215.4

50.4

468.4

411.0

57.4

GrossProfit

49.8

40.3

9.5

85.7

72.1

13.6

EBITDA

9.2

5.1

4.1

11.5

11.3

0.2

NetCashflow

5.0

(7.5)

12.5

(14.6)

(8.8)

(5.8)

Pictured: Spencer Jones, group finance director

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