FINANCIALS: Search Consultancy reveals rise in revenue

Search Consultancy has seen revenue rise, according to results for the year to 1 January 2017.

The results, released to Companies House this week, reveals the multi-sector recruiter posted earnings before interest, tax, depreciation and amortisation (EBITDA) of £6.2m (2015 – £7.7m), and year-on-year turnover up% to £178.8m.

However, group NFI fell marginally to £40.4m to £41.8m.

Commenting on the group’s performance, CEO Grahame Caswell, who led a management buyout of the business in May, hailed the performance of the company’s 700 employees, adding he is now firmly focused on further growth of the UK team with expansion plans, building on the MBO and investment reported earlier in the year. 

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