Stan Beer
Friday, 23 February 2007 15:54
IT People -
Recruitment
Finite IT Recruitment Solutions has posted strong results for the period July – December 2006. Group Turnover (including subsidiary FinXL IT Professional Services) for six months to December 06 increased to $73 million (35%up from $54 million for the same period in 2005).
Contracting / Consultancy revenues grew at 34%;
Permanent revenues (including executive recruitment) grew at 55%.
Commenting on the performance, Finite’s Managing Director, Tracy
Thomson, said: “Finite is well positioned to continue to fully service
the Australian (and increasingly the Asia Pacific) IT sectors through
its “IT only” focus. Bearing in mind that our growth is purely organic
and not through acquisition, we continue to attract additional new key
client accounts that have created an additional eight new full time
positions within the last two months alone.
"We forecast that revenues will continue to grow on the back of the
continuing buoyancy of the Australian and global IT sectors. There is
continued strong demand for contracting and consultancy services,
particularly within the Telco, Government and Financial Services
sectors, and the demand for IT permanent and executive recruitment
services is also accelerating, particularly within the Vendor and
Financial Services sectors”.