Revenues rise by 25% at Odgers Interim as interim demand soars
Turnover rose from £33.5m to £42m for the financial year ending April 2015 as the business benefits from its growing regional and international network of sector-focused consultants.
Total net fee income increased by 30 per cent for the business which is also responding to increased demand for interim executives – driven by a recovering economy and evolving public sector.
Odgers Interim, based at Cannon Street, London, is part of the Odgers Berndtson Group the UKs leading executive search business. The interim provider has seven UK regional offices, including Birmingham, Edinburgh and Manchester, and five offices in Canada, including Toronto and Vancouver.
The business also completed its expansion into Australia earlier this year with the launch of its Melbourne office, led by former Interim Partners director Adam Kyriacou, and is now planning further international growth.
During the financial year, Odgers Interim expanded its team of sector specialist consultants with a number of significant appointments, including James Harley-Booth, Narinder Uppal, Emma Whittle and Lenny Michael, which has bolstered its technology, education, healthcare and government practices, respectively. Sally Havers, a former solicitor at the Treasury, was appointed to lead Odgers Interim’s dedicated reference team to support clients through increasing requirements for background checks.
Grant Speed, Managing Director of Odgers Interim, said: “The strength of these year-end results is a testament to the expertise and commitment of the whole team at Odgers Interim, which is outperforming an already buoyant market. After our launch in Australia, we are now looking for more opportunities to expand into new markets, but also further cement our leading position in the UK.
“Organisations across the private and public sector are scouring the market for talent to fill mission-critical roles and secure senior support in driving transformation and turnaround projects, managing crisis situations and delivering valuable projects. Experienced interim consultants are increasingly being recognised as the right solution to getting the job done, so we expect this trend to continue as management teams look to yield immediate and significant results.”