Passionate About People Exceed £100m Milestone
Passionate About People, Datum RPO's holding company, has achieved year on year growth of 23%, and an overall 250%+ growth over the last four financial years.
Incorporating Omega Resource Group, Datum RPO and Omega Engineering Services, the industry-beating performance is being announced following the issuing of the Group’s financial statements for the 12 months up to June 2017 by Group Finance Director, Paul Day.
2017 Financial and Business Highlights Include:
- Revenue: full year revenue in 2017 of £103m, up from £84m in 2016
- EBITDA: 28% growth year on year to £2.3m
- Efficiency: GP to EBITDA conversion year on year increase from 23% to 24%
- Staff: 17% increase year on year
- Investment: In excess of £650,000 capex investment across the Group principally in new & improved facilities, and IT infrastructure
Pictured left to right: Raymond Pugh (Co-Founder & Group Director), Alan Beresford (Co-Founder & CEO), James Strickland (Co-Founder & Group Director) and Paul Day (Group Finance Director).
Paul Day explains:
"the Board are delighted to be reporting such a strong and exciting performance on all fronts. We continue to take considerable pride in the year on year improvement in profitability, cash generation, GP/EBITDA conversion (to 24%), and the contract vs perm gross profit ratio of 84/16 (%). The whole company has worked tirelessly and cohesively to secure the necessary new business and long term contract renewals that are prerequisites of such dynamic, yet sustained growth. We have a very clear growth agenda, and I’m delighted to say we’re executing it, and have been doing so for some time now."
"Financial Year 2018, which closes in June 2018 is on track to meet all board expectations, the result being another year of high growth for the Group."
Co-founder and Group Director, Raymond Pugh states:
"We are so thrilled for the whole Group, and all of our employees; all three businesses within the Group are performing extremely well, and are genuinely enhancing their market leading position. With the dynamism of our management board, 2017 has been another award-winning year, and we continue to forecast further growth, well beyond industry norms."
About Passionate About People:
Passionate About People Ltd (PAP) is a fast expanding, exciting and innovative Group of four sister companies: Omega Resource Group, Datum RPO, Omega Engineering Services and Omega Resource Group WLL.
Passionate About People believe that there is more to business than just profits, a sentiment which is reflected in our name. Our values and behavior form the DNA of our organisation, and has been since our inception in 1998, forming the backbone for sustainable growth.
We have built an engine that is geared up to deliver quality, satisfaction, scale and sustainability enabling us to fulfill our growth ambitions into the future.
Hard work, dedication and passion are key attributes that our staff have in delivering bespoke solutions with first class customer service and the continued CSR, financial and social investment.
About Datum RPO
Datum RPO are experts in recruitment process outsourcing and handle the entire recruitment process for some of the UK’s biggest companies.
As experts in procuring and managing temporary and contract agency labour, we provide a complete RPO service that helps our customers become more efficient, whilst delivering savings of up to 12% on existing spend.
Find out more about the Datum RPO difference at www.datumrpo.com