Vedior IT boost

Company posts 34% increase in IT sales

Global recruiter Vedior has posted an encouraging set of first quarter results boosted by strong executive and IT recruitment sales.

The company recorded a growth of 34% in IT recruitment sales and an organic 18% growth in professional/executive recruitment sales. Permanent placement fees also rose 14% organically.

In the UK, two organic start-up operations began trading in the first quarter of 2005.

Andrew Farr Associates started trading in the finance and accounting sector, while Supreme Education is a recent addition to the education sector.

Zach Miles, Vedior’s chief executive, said: “We are pleased that our results this quarter have clearly benefited from our strategic focus on professional/executive recruitment.

“The benefit of good organic sales growth and cost control has more than offset the continuing price pressure experienced in several markets, resulting in increased profitability.”

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