The global recruitment business Phaidon International has recorded a gross profit of over $100,000,000 USD for its year ended 31st October 2020. Phaidon operates 5 vertically integrated brands from 12 offices and plans further expansion across 2021 in all regions.
Chief Executive Officer, Harry Youtan comments “We are extremely proud of the performance of our business and our people across 2020. Whilst delivering over $100,000,000 USD of gross profit highlights the businesses resilience, what is most exciting is the opportunity we have to grow across 2021”.
Non-Executive Chairman, Andy McRae commented “Against a backdrop of extremely challenging market conditions, the outstanding performance from Phaidon in the year ended 31st October is testament to the quality of our people, the markets that we serve and the clients and candidates with whom we work”.
Focussing on Professional Search, Phaidon International has been recognised by SIA as the 12thLargest Direct Hire Firm Globally, one of the 10 Fastest Growing US Staffing Firms, and the Fastest Growing Staffing Firm in SIA’s ‘Largest Staffing Firms in the UK’ as recently reported on 11thDecember 2020.