Sopra Steria Recruitment reports fourth year of strong growth

Sopra Steria Recruitment today announced that the business had recorded a fourth year of strong growth in line with its long-term strategy.

London, 10 June 2013: Sopra Steria Recruitment, one of the leading UK providers of outsourced recruitment and staffing services, today reported a record fourth year of strong growth, with revenues for 2012 showing a 7% increase on the previous year.

The results were achieved through a healthy combination of over 20 new client wins coupled with competitive renewals and expansion with Sopra Steria Recruitment’s established major clients. Despite challenging market conditions, this further increase in revenue and profit highlights the value of offering clients a comprehensive portfolio of services and solutions from individual placements through to fully outsourced recruitment solutions.

Peter Holliday, managing director of Sopra Steria Recruitment commented on the growth: "We have continued to focus our efforts on close client relationships, offering innovation in our recruitment solutions to strive for increased market share in challenging times.  It is really pleasing to be able to report a further year on year increase in our revenues, securing significant new clients and retaining our supportive base of existing clients for whom we focus on delivering certainty of outcome against their challenging recruitment demands.  2012 is the fourth consecutive year that our revenues and profits have grown and this is a direct result of broadening our resource capability, growing our permanent business and deepening the managed recruitment propositions within our major clients.

Going forward, we anticipate seeing significant step-growth as clients continue to seek new ways of working in an overcrowded recruitment market. Our aim is to meet this challenge head on, delivering real value for our clients and reinvigorating the perception of the staffing profession.”

A further boost is the recent announcement that Sopra Steria Recruitment has been named as a finalist in two categories of the Global Recruiter Awards 2013. Sopra Steria Recruitment has been nominated for both the Best Medium Recruitment Business and Best Client Service Awards, recognition for its success in 2012. The company provides contract, permanent and interim IT, finance and business resources across all industry sectors.  Its managed recruitment service delivers a fully outsourced recruitment proposition delivering 100% of all permanent and contractor demand with processes fully managed through best of breed technology.