Revenues are up at international human resources consulting group Penna Consulting, according to its preliminary unaudited results for the year ended 31 March.

The group’s results reveal:

• revenue up 72% to £108.5m (2009: £63.2m) and net revenues up 19% to £50.9m (2009: £42.6m)
• pre-tax profits before exceptional items rose by 22% to £7.3m (2009: £6m), pre-tax profit post exceptional items of £3.6m (2009: £6m)
• like-for-like revenues were £62.3m (2009: £63.2m) and pre tax profit before exceptional items £6.6m (2009: £6.0m, up 10%)
• cash at year end of £5.3m (31 March 2009: £8.9m)

Stephen Rowlinson, chairman, says: “We have completed a very successful year with strong profit growth and we have also taken significant steps towards achieving our strategy to become the leading HR services firm in the UK.”