Highlights 2011
Matchtech Group is a leading technical, professional and outsourcing recruiting business with over 27 years' experience delivering bespoke recruitment projects and programmes.
Our Goal is to "Always exceed the expectations of our customers and lead the recruitment sector through effective delivery and quality of service."
Growing
our core technical base remains central to our business plan.
Diversifying
the Group’s client base and adding new revenue streams.
Adding Value
by developing strong client relationships and candidate loyalty.
Highlights 2011
- Revenue £301.8m up 14% (2010: £264.4m)
- Net Fee Income1 (NFI) £29.8m up 14% (2010: £26.2m)
- Permanent recruitment fees £9.4m up 54% (2010: £6.1m)
- Permanent fees now account for 32% of NFI (2010: 23%)
- Investment of £4.9m, £4.6m in additional sales force, support and marketing
- Profit from operations £6.8m down 23% (2010: £8.8m), reflecting investment in growth strategies
- Trading performance in H2 improved significantly, with profit from operations of £4.3m, up 72% from H1 £2.5m
- Basic earnings per share 20.3 pence down 23% (2010: 26.4 pence)
- Final dividend maintained at 10.6 pence per share
- Net debt of £16.0m (2010: £4.5m)
1 Net Fee Income (NFI) is calculated as revenue less contractor payroll costs.