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Goodman Masson records their first £1m month
LONDON, UK – 2nd JULY, 2010. Goodman Masson, the largest Independent Financial Recruitment business in the UK, deliver their first ever £1m month.
In Q2 2010 Goodman Masson delivered £1,372,000 more Gross Margin than in Q2 2009 closing off the quarter on £2,865,000. July witnessed a one million pound month for the first time in the company’s history, a Q2 net profit percentage of 18% and a 34% growth from Q1 Gross Margin.
Guy Hayward, CEO says of this performance ‘We enjoyed a strong start to the year and I’m thrilled with our Q2 performance. We continue to combine a growth in headcount with an increase in productivity and bottom line profit combination which is allowing us to position the business for continued expansion. It’s very exciting when considering the challenges of maintaining these trends’.
‘Our first £1 month is special and a milestone we won’t forget. With the job pipeline, new client wins and strong increase in candidate flow we’re experiencing we’re confident we’ll repeat this number very soon’.
‘More pleasing is the 18% net profit we’ve returned this quarter when you consider we continue to invest heavily in the experience of working here and our bonus levels remain at the very top end of the market’.
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For further information please contact:
Melissa Meadows, Marketing Communications Manager
020 7324 0530
melissa.meadows@goodmanmasson.com
Notes:
1. Goodman Masson was originally established by Paul Goodman as a finance and accountancy recruitment specialist in 1993 and has been recruiting professionally qualified personnel for over 16 years
2. Our main area of specialism is Finance which includes separate teams operating within the Accountancy, Tax, Internal Audit, Treasury, Management Consultancy and Actuarial disciplines. In addition we have a specialist team focusing on In House Legal.
3. With revenues in excess of £19.5m there are currently 102 employees.
4. For more information visit our website at www.goodmanmasson.com