Next Ventures group annual gross profit up 14.5%
Summary of additional 2014 financial highlights include:
• Quarter four GP up 31.5 per cent against the same quarter in previous year.
• Consistent GP growth quarter on quarter with Next Ventures’ December year-end delivering an overall run-rate GP of £8.14 million.
• Overall new business placements for the year increased by 17.5 per cent against previous year.
“We delivered solid, financial results through strong execution and continued diversification,” said Richard Lacey, co-founder of Next Ventures, “a robust performance not least attributable to our teams’ exceptional commitment to deliver against clients’ specifications, but also through our successful ongoing international expansion. 70 per cent of the group’s business was generated in overseas markets last year with our international subsidiaries in Switzerland, Germany and Brazil, performing consistently against plan.”
Lacey continues, “We further enhanced the group’s skills-base through dedicated on-boarding of experienced recruiters that supported the diversification of our niche Large Enterprise Technology recruitment teams into Infrastructure, digital and embedded Software. Our ability to evolve continues to deliver differentiated business value to our clients’ recruitment requirements world-wide today.
“Our outlook for 2015 is extremely positive as we continue to hire aggressively to further accelerate our growth this year,” Lacey concludes.