Friday, August 7, 2020

Derby recruitment firm sees profits jump

Derby-based RTC Group, the engineering and technical recruitment company, has reported a successful year of growth according to audited results for the year ended 31 December 2018.

Group revenue grew by 22% to £87.8m (2017: £71.7m), while profit before tax leaped 58% to £1.9m (2017: £1.2m).

Commenting on the results Andy Pendlebury, CEO said: “I am delighted to report another successful year of growth for the Group with all key financialcomparators showing significant progress.

“Group revenue has increased for the tenth successive year and since we outlined our long-term growth plan in 2014 we have delivered EBITDA growth of 80%, EPS growth of 72% and dividend growth of over 150% to our shareholders.

“We have also strengthened our balance sheet and I believe our Group is in a robust financial position, is making significant progress with its strategic agenda and the Board remains highly optimistic about its future.”

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