Initio International Holdings Ltd Announces The Results Of Its First Year Of Full Trading

Initio International today announced the results of its first full independent financial year to December 31st 2010, which have been filed at Companies House.

Brendan Flood, Chairman and CEO of Initio International said;

“2010 was a challenging year for recruitment companies generally, coming out of recession but still with a high level of uncertainty. I am hugely pleased with the results driven by our management teams in the USA, UK and Spain. Our Turnover was £37.8m, Gross Profit was £8.7m (23% Margin) and Profit After Tax was £1.9m. This is a great start to our journey and current trading is showing a healthy 15% growth in Turnover, in 2011. Our focus on providing excellent service to clients and candidates continues to be our number one priority.”

Established in 1989 Longbridge is an International multi-sector recruitment company, with a long history of success catering to the Sales & Marketing, Legal and Technology industries.

Monroe Staffing Services is a full-service consulting and staffing partner with offices throughout Connecticut, Massachusetts, Rhode Island and New Hampshire.

ALG consulting was established in Madrid in 1994 and offers an array of human resources services, from training to permanent and temporary recruitment..

The Initio International family is always looking for talented individuals to join us.
With our growing businesses we offer unique opportunities to gain international experience in a fast paced but friendly environment.