Berry Recruitment Group (BRG) has announced an increased turnover of £62m for 2016 – a figure that has more than doubled in the last five years.
The national recruiter showed a gross profit of nearly £13m with earnings before interest, tax, depreciation and amortization (EBITDA) of £1.9m.
The net cash flow generated from operations was in excess of £2.3m in the year.
BRG, with 34 branches across England and Wales, has also started 2017 well with the accounts to May showing turnover this year on course to reach close to £70m.
Early in 2017, BRG launched a new brand ‘Wild Berry Associates’, bringing together a number of London agencies previously acquired, including Amanda Smith.
Other brands under the BRG umbrella include Berry Recruitment, Berry Technical, Wild Recruitment and Express Rail Services.
Now employing more than 200 staff, St Albans-headquartered BRG, which recently launched its Wild Berry brand in London’s West End, is set for significant growth this year.
BRG chairman Tony Berry is the former head of recruitment giants Blue Arrow and Manpower, and deputy chairman Ian Langley is also chairman of $1.2 billion turnover Airswift Holdings.
Tony said: “We continued to grow last year and took our staff numbers over 200, which is encouraging.
“Already this year we have opened our first branch in the north east and launched our Wild Berry brand in London.
“We anticipate further strong growth through 2017 and as well as developing organically will be seeking to make acquisitions.
“This year’s figures so far are strong and with the jobs market doing well we have every reason to be confident despite the levels of political uncertainty.
“We selected Bond Adapt as our front office system, which has streamlined the entire recruitment process and improved efficiency.
“Our main reason for our growth and success is our flexible and local approach that prioritises customer service.
“We’re a privately owned family business and the size of our branch network and financial strength puts the Group in a competitive position within the industry.”
Notes to journalists:
Berry Recruitment is a specialist recruitment group operating in the private and public sectors from 34 locations across the UK.
Employing more than 200 people, Berry achieved £62m turnover during 2016.
There are eight specialist Berry divisions covering office and finance, technical and IT, industrial, driving, rail, construction, care and catering and hospitality.
With its head office in St Albans, Hertfordshire, Berry was formed by recruitment industry experts including Tony Berry, former head of Blue Arrow and Manpower, and Ian Langley, Chairman of infrastructure recruitment specialist, Airswift Holdings.
Berry’s strapline is ‘combining talent with opportunity’.
Tel: 01727 898650. Email: spencer.berry@berryrecruitment.co.uk
For more information contact Ed Baker, Account Director at Deep South Media on 01202 534487 or 07788392965