FINANCIALS: Staffing 360 Solutions sees rise in revenue

US and UK-based recruitment group Staffing 360 Solutions has seen annual revenue increase 32.3% year-on-year, according to Q1 2019 results.

The group’s results, published yesterday, reveal revenue of $73.8m (£56.4m) from $55.8m in Q1 2018, while gross profit rose 4.6% year-on-year to $12.1m from $11.6m in Q1 2018.

CEO and chairman Brendan Flood said: “Since we embarked on our buy-and-build strategy less than 36 months ago we have fuelled our growth from nearly zero in revenue during fiscal 2013 to over $165m of revenue in fiscal 2016.”

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