Encore Reports Record £72m Turnover

News
10/04/2019

Encore Personnel, the specialist recruitment firm that supplies Blue Collar staff to industry throughout the UK, has released its latest trading figures, recording its most successful year to date with a turnover figure of £72 million in 2018 - an increase year on year of 11.7%.


The business, which continues to enjoy significant growth through the introduction of new innovations and specialist services for sectors such as Energy and Utilities and a new Contact Services division, also recorded an increase in operating profits of 100% and a gross profit figure up by 17.2%.


Encore, which currently operates from its office on Lower Temple Street in Birmingham and which is acknowledged as one of the fastest growing businesses in the Midlands, has also added to their staff numbers in order to sustain this growth trajectory and service the 1600 clients logged with active placement requirements in 2018 - across sectors including engineering, energy, logistics and managed services.


The agency is now in a strong position to deliver and achieve its growth strategy over the next three years, and plans are already in place to ensure that Encore is able to increase turnover even further to £79m, while achieving a profit of £1.8m.


Greg Latham is Managing Director at Encore Personnel:

“This achievement, this new record for the business has really set out our stall. We have an amazing team led by talented individuals who are hugely knowledgeable about their clients and their clients’ industries. It’s a clear advantage that we invest so deeply in staff development and have established a reputation for anticipating client needs and recognising recruitment trends within their sectors.

“Moving forward in 2019, our future strategy plans will see four new Managed Services divisions, the expansion of our driving and engineering sectors and the continued growth of our new Contact Services division. We are also looking to increase our permanent placement revenue by 30% at the end of 2019, by placing more candidates into senior roles.”


For more information, visit www.encorepersonnel.co.uk.