Steria Recruitment increases revenue in 2012 by seven percent
In summary: Steria Recruitment today announced that the business had recorded a fourth year of strong growth in line with its long-term strategy.
London, UK – 10 June 2013 – Steria Recruitment, one of the leading UK providers of outsourced recruitment and staffing services, today reported a record fourth year of strong growth, with revenues for 2012 showing a 7% increase on the previous year.
The results were achieved through a healthy combination of over 20 new client wins coupled with competitive renewals and expansion with Steria Recruitment’s established major clients. Despite challenging market conditions, this further increase in revenue and profit highlights the value of offering clients a comprehensive portfolio of services and solutions from individual placements through to fully outsourced recruitment solutions.
Peter Holliday, managing director of Steria Recruitment commented on the growth: "We have continued to focus our efforts on close client relationships, offering innovation in our recruitment solutions to strive for increased market share in challenging times. It is really pleasing to be able to report a further year on year increase in our revenues, securing significant new clients and retaining our supportive base of existing clients for whom we focus on delivering certainty of outcome against their challenging recruitment demands. 2012 is the fourth consecutive year that our revenues and profits have grown and this is a direct result of broadening our resource capability, growing our permanent business and deepening the managed recruitment propositions within our major clients.
Going forward, we anticipate seeing significant step-growth as clients continue to seek new ways of working in an overcrowded recruitment market. Our aim is to meet this challenge head on, delivering real value for our clients and reinvigorating the perception of the staffing profession.”
A further boost is the recent announcement that Steria Recruitment has been named as a finalist in two categories of the Global Recruiter Awards 2013. Steria Recruitment has been nominated for both the Best Medium Recruitment Business and Best Client Service Awards, recognition for its success in 2012. The company provides contract, permanent and interim IT, finance and business resources across all industry sectors. Its managed recruitment service delivers a fully outsourced recruitment proposition delivering 100% of all permanent and contractor demand with processes fully managed through best of breed technology.
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About Steria Recruitment: http://www.steriarecruitment.co.uk/
Steria Recruitment delivers recruitment services that help organisations in the public and private sectors attract people, knowledge and skills to enable business performance and accelerate change. We provide solutions tailored to our clients’ specific needs, in permanent, contract, interim and managed recruitment across all technical and business disciplines.
With 34 years’ experience behind us, our award winning approach is consultative and focused on delivery. We have an unbridled record of 100% client retention which reflects our partnership model approach and our customer-centric (both client and candidate) way of working.
A wholly owned subsidiary of Steria UK, the leading IT and Business Process Outsourcing company, we work as recruitment partners, delivering certainty in delivery through world-class compliant recruitment processes.
About Steria: www.steria.com
Steria delivers IT enabled business services and is the Trusted Transformation Partner for private and public sector organisations across the globe. By combining in depth understanding of our clients' businesses with expertise in IT and business process outsourcing, we take on our clients' challenges and develop innovative solutions to address them efficiently and profitably. Through our highly collaborative consulting style, we work with our clients to transform their business, enabling them to focus on what they do best. Our 20,000 people, working across 16 countries, support the systems, services and processes that make today's world turn, touching the lives of millions around the globe each day. Founded in 1969, Steria has offices in Europe, India, North Africa and SE Asia and a 2012 revenue of €1.83 billion. Over 20%(*) of Steria's capital is owned by its employees. Headquartered in Paris, Steria is listed on the Euronext Paris market.
(*): including “SET Trust” and “XEBT Trust” (4.15% of capital)
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