Search

22 Jan 2022

CPL offer guarded economic outlook

CPL Chief Executive Ann Heraty has termed her company's latest set of financial figures as "solid progress" for the firm.
There may be guarded signs the worst of our economic problems are over, but it’s far too early to estimate whether that impetus will continue.

There may be guarded signs the worst of our economic problems are over, but it’s far too early to estimate whether that impetus will continue.

According to CPL chief executive and Ballinalee native Ann Heraty, interest in the financial sector has continued in recent months.

Ms Heraty was giving her reaction to the latest market indicators as her Dublin based recruitment firm recorded an impressive set of full-year figures, the highlight of which saw pre-tax profits soar 26 per cent to €12.3m.

Revenue channels followed a similar path, rising 14 per cent to a record €330.8m while earnings per share were 35 cent, up from 25.6 cent a year earlier.

CPL said the largely positive results were down to an increase in demand for flexible roles, temporary solutions and for permanent appointments.

That growth, it said, had been achieved in “challenging and highly competitiive markets.”

Ms Heraty said the results represented “solid progress” for the company, chairman John Hennessy issued a sobering word of caution.

“It is too early to predict whether these signs indicate a sustained recovery,” he said.

To continue reading this article for FREE,
please kindly register and/or log in.


Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.