Latest News - Profits Dip At Interim Recruiter
Wednesday Oct 13
Recession bites for Practicus
Interim management firm Practicus has reported a fall in pre-tax profit to £725,000 for the year ended 31 December 2009, compared with £961,000 in 2008.
Practicus saw its gross profit for the year reach £7.3m in 2009, compared with £7m a year earlier. The company’s turnover for the year was £35.2m, compared with £33.3m in 2008.
In accounts posted at Companies House, the directors said that they were pleased with the performance in the tough market conditions.
Practicus created two 100% owned trading companies in the Netherlands and Australia in 2009.
Source: www.personneltoday.co.uk - 6 October 2010
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