Encore hits £50m turnover in 2015
Encore hit the £50m turnover bracket and also saw 20% increase in sales revenue in 2015.
The company turned over £53.1m in 2015 with net profits up by 14%.
Encore’s managing director, Greg Latham, said, “We are delighted with our sales figures for the last 12 months, which set 2015 apart as one of our strongest years to date.
“This year’s success is due in part to our excellent team securing large contract wins in our managed service and engineering divisions.
“Maintaining margins across all divisions has enabled major investment in our IT and central infrastructure.”
“Our business has gone from strength to strength. Despite an increasingly competitive market place for recruiters, Encore is predicting even more success for both its employees and its clients in 2016.
“Over recent months we have had to overcome increased competitor pricing pressures and we have seen a growing skills gap among candidates looking for work. However, despite this we are forecasting even stronger growth in the next 12 months and expect to see sales exceed £60m.”