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Stuart Gentle Publisher at Onrec

First People Solutions Turnover up by 289%

34million turnover for 2006

First People Solutions has reported a 34million turnover for 2006, increasing their 2005 turnover of 12m by a huge 289%. The massive growth in turnover is accredited to a successful mix of organic growth and an acquisition in the oil & gas market.

Managing Director, John Hailstone said ìThis report details the significant increase we have made to the First People Solutions organisation, and is indicative of our ambitious growth strategy. As well as this impressive turnover we have also opened additional offices around the UK and are predicting a c50m turnover for 2007.î

The company has made an EBITDA of over 2m. The turnover has placed them 106th in the UK according to Recruitment Internationalís Top 250 Recruitment Companies 2006.

First People Solutions acquired oil and gas recruitment specialists Tudor Personnel at the end of 2005 and has recently acquired Jobact Petrochem Ltd, a complementary oil and gas recruitment service provider, to further their already extensive expertise in this area across the UK. The company intends to continue to grow across a range of vertical markets, providing consultative hr and recruitment total solutions for clients and candidates.