Belfast Telegraph

Saturday 20 September 2014

Revenue up 26% for jobs specialist

Grafton Employment Solutions Portfolio, the Belfast-based recruitment specialist, has announced a 26% growth in annual revenues.

The company's audited results for the year to the end of March show revenue increased to £108m.

Grafton ESP also revealed pre-tax profits rose by 136%, but did not disclose the figure.

Founder and managing director Ken Belshaw said: "Such figures speak volumes for the state of our business as a whole, and it's a very encouraging sign that despite changing market conditions and increased competition our business is still very much thriving domestically and growing internationally."

Mr Belshaw said Grafton is continuing to expand its international network of offices and markets and is on target to achieve its goal of 90 offices in 22 countries by March next year.

Over the past month it has added two new Grafton Recruitment offices - in Debrecen in Hungary and Nitra in Slovakia.

It also has a new executive search and selection office in Athens, under its Spengler Fox brand, extending its network to 79 offices in 19 countries.

Mr Belshaw said the company, which was recently crowned agency of the year at the inaugural National Recruitment Federation Awards in Dublin, could take great pride in bringing its successful Irish business model to new regions and countries.

"Of course there will be challenges ahead but it is a flexible approach, centred upon developing our pools of local talent.

"Phenomenally in the last 12 months alone, through our global network we have had 22,400 temporary workers on Grafton's payroll. Furthermore we've placed a staggering 12,590 individuals in permanent positions, 6,281 of which have been in Ireland, north and south."

The MD also revealed the company has just won some major recruitment process outsourcing (RPO) deals with leading multinationals. He said the details of these wins will be announced shortly.

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