Original Publication - Growth Company Investor - October 1st 2011
Recruitment and consulting specialist ReThink Group (RTG) is looking abroad and upmarket after doubling first-half pre-tax profits to £423,000. The acquisitive London-based company, which increased turnover 27 per cent to £34.4 million in the six months to June, says it improved profits and margins, helped by 'healthy demand across the board', driven by technology changes and a booming oil and gas sector.
AIM-quoted ReThink, steered by chief executive officer Jon Butterfield, lifted revenues from contract and recruitment process outsourcing 26 per cent to £30 million in the first six months and won a three-year contract with Boots in September, which will have a continuing impact on profits and turnover. The company's Aiimi business transformation and technology arm grew revenues 80 per cent to £1.8 million. Click here for full article....
