Encore Personnel has recorded its most successful year to date with a turnover figure of £72 million in 2018 – an increase year on year of 11.7 per cent. 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 per cent and a gross profit figure up by 17.2 per cent.
Encore, currently operates from nine offices across the UK and is acknowledged as one of the fastest growing businesses in the Midlands. The business 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 £79 million, while achieving a profit of £1.8 million.
Greg Latham, managing director, Encore Personnel said: “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 per cent at the end of 2019, by placing more candidates into senior roles.”