Gross profit up 44% at year-end 2018 for Amoria Bond
Amoria Bond Limited has released its results for the year ended 30th November 2018.
The company reported that revenues of £68.1m were up 33% compared to the previous year. Additionally, adjusted EBITDA for the same period increased to £6.0m, an increase of 122% on the previous year. Gross profit also increased by 44% to £17.4m.
Established in 2006, the Group operates from its six trading subsidiaries in mainland Europe, UK and Asia and as a result, 77% of gross profit is now generated outside of the UK.
Ian Cross, co-managing director, commented, “I am delighted to be reporting strong growth in revenues in line with our forecasts, which have had a transformational impact on the Group’s profitability and cash flows.
“Sourcing, training, progressing and retaining the very best talent in the recruitment industry has ensured the Group’s exceptional operating performance in recent years, and continues to be our core focus. Alongside this we continue to develop and work with very the best clients, some of which have been with us since our earliest years, to meet their critical staffing needs.
“I would like to thank all our staff, clients and candidates for their contribution to such a successful period of growth for the Group, and look forward to continuing growth for the remainder of 2019 and beyond.”
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