Strong start to 2016 for recruiter Aligra after big rise in profits last year

March 3, 2016
By

Swindon-based specialist recruitment firm Aligra has achieved a 128% rise in profits on increased revenue across all its divisions.

The firm, which supplies clients in the transport and logistics, technical and professional sectors, recorded strong revenue growth in the nine months to December 31.

Its temporary division increased sales by a 29% by securing two major new customers along with organic growth of its existing client base.

Net fee income in the permanent division (professional & executive) increased by 12%, again due to new customers and growth in its existing client base.

Board level changes in the previous year, along with an aggressive cost reduction drive, lowered operational expenses by 31% at the firm, based at Groundwell.

Managing director Mark Neilson, pictured, said: “Aligra has certainly benefited from a positive jobs outlook and an increased demand for quality staff. 

“Over 80% of our current clients have indicated they will continue to increase their headcounts and will need to rely on our services at a minimum of the same levels for the rest of this year.

“Like most businesses, we are constantly monitoring our cost base, we are investing more in staff development and training, have instigated a five-year plan which aims to double our revenues, all the time striving to keep our staff retention levels lower than industry norms.  “The last quarter of 2015 was one of our business on record and we’ve had a really strong start to 2016 so far.

 

 

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