Financial recruiter Allemby Hunt has seen a 29% increase in turnover for the year ending August 31 2011. 

Permanent placements rose 24% along with gross profit, up 16% to £936k. 

Chief executive Alastair Johnstone says: “While recognising the current nervousness of the market, we believe our relationships and professionalism will hold us in good stead for the future and allow us to consolidate our growing position in the market.”

Managing director Hugo Hunt adds: “The addition of a new private wealth business in the summer of 2011 to our existing businesses and the expansion of our contracts capabilities gives us an even stronger product offering, which bodes well for the future. 

“Our clients and relationships remain key to our continued success in the future and we will seek to continue to increase our market share in the sectors in which we operate.”