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Stuart Gentle Publisher at Onrec

GCS celebrates record results

GCS today announces its best ever half-year financial results with average turnover increased to 14.54 million

GCS today announces its best ever half-year financial results with average turnover increased to 14.54 million. Gross profit for the UK business has grown by an impressive 35.1 per cent compared to the same period in 2006/07. The contract business has shown the greatest increase of 43.9 per cent and permanent business achieved a healthy 14.7 per cent rise, putting it in the same bracket as the industryís top performing companies. This has resulted in a climb of nine places from 40 to 31 in the Recruitment International Top 100.

European business has also remained steady for GCS with the French and the Dutch businesses also seeing an increase of 3.83 per cent.

A key element to GCSí success has been the reorganisation of the management team and utilising the different strengths of the three key individual managers. Kevin Logan brings a wealth of IT and quality management experience in his role as business operations manager. Paul Winchester has over ten years of experience in IT recruitment, and has been with GCS almost seven years. After being one of the companyís most successful billers, is now head of sales. Grahame Winman forms the ëglueí between the two as sales operations manager and has experience in telecomms sales.

Speaking about the interim results, GCSí director, Chris Bartlett said, ìThese have been the best ever half-year results for GCS. I am delighted and congratulate the management teamís success on their shift in focus over the last year. We have ambitious targets ahead, with the new Birmingham office opening early 2008 and more offices planned to open in the south west, north of England and also international offices over the next three to five years, boosting our headcount and profitability in these areas.î