Engineering and IT recruiter NES releases positive results

Wed, 7 Jan 2009

Technical, engineering and IT recruiter NES reported positive end-of-year results with a 24% increase in profits.

For the year ending 31 October, profits increased from £9.7m to £12m and revenues climbed 16% from £217.1m to £252.8m. 

Chief executive Neil Tregarthen says: “Last year I commented that our strategy is clear and has at its heart the intention of being ever more global and specialist.

“Our performance in 2008 has been further evidence that this strategy is correct and our increasing portfolio strength of geography and sectors, positions us well to react to changes in global markets brought about by current economic uncertainty.”