Interquest results

Annual results reveal substantial growth for IT solutions provider

IT staffing solutions firm Interquest Group has enjoyed another year of substantial growth and progress during 2007.

The board announced its annual results today showing year-on-year revenue was up 52% to £86.7m and gross profit was up 43% to £12.9m.

Earnings Before Interest Tax and Appreciation (excluding share-based payment charge) was up 48% to £4.5m and profit on ordinary activities before taxation was up 41% to £3.1m.

Meanwhile, third-quarter profits rose 10.4% at executive human capital firm Korn/Ferry International on net income of $16.3m (£8.19m), up from $14.7m in the third quarter of the previous year.

Revenue rose 21.7% to $201.2m in the quarter, up from $165.2m in the same period in the previous year.

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