Global resource solutions specialist Passionate About People Ltd has delivered year on year growth of 23 per cent and overall more than 250 per cent growth over the last four financial years. The business incorporates Omega Resource Group, Datum RPO and Omega Engineering Services and this performance comes following the issuing of the Group’s financial statements for the 12 months up to June 2017 by Group Finance Director Paul Day.
“The Board are delighted to be reporting such a strong and exciting performance on all fronts,” says Day. “We continue to take considerable pride in the year on year improvement in profitability, cash generation, GP/EBITDA conversion (to 24 per cent), and the contract vs perm gross profit ratio of 84/16 (per cent). 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.”
Paul also said that the financial year 2018, which closes in June 2018, is on track to meet all board expectations and show another year of high growth for the Group.
Co-founder and group director Raymond Pugh commented: “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.”