Saville Group profits stable
Profits at Saville Group, the AIM listed human resources consulting group, remained virtually unaltered for the six months ended 31 December 2008.
Profits at Saville Group, the AIM listed human resources consulting group, remained virtually unaltered for the six months ended 31 December 2008.
Pre-profits tax were £750,000 compared to £752,000 for the same period in 2007.
Revenue rose 57% to £4.77m compared with £3.04m in 2007.
Jonathan Cohen, executive chairman of Savile, says: “I am delighted to report an excellent set of results for the first full six month period, reflecting the combined results of the group’s three brands, Fairplace, CEDAR and IDDAS.
“Following the restructuring of its balance sheet in December 2008, the company is able to pay dividends from profits arising after 18 December 2008. It is therefore our intention to pay a final dividend for the current financial year.
“These impressive results for the first half of the financial year, combined with the current levels of activity we are experiencing, point to a very successful year for the group.”
