Arrows Group Global, the strategic resourcing group, releases trading update for the full year ended 31st March 2016. The Board is pleased to confirm that the Group revenues for the full year grew to £40m representing a 23% increase on the previous year with NFI increasing 19.5%.
During the year the Group followed up the successful demerger from its sister company ICG Medical with a share buy out for the original owners that gives James Parsons, CEO, full share ownership of the business moving forwards.
Comment:
“We are pleased to release such a positive trading update for the past year. We saw a strengthening of demand for both permanent and contract skills in the UK Technology market which grew at 33% and an increase in permanent demand across the European market (15%). As political turbulence continues to affect the UK market this year, our international expansion strategy goes from strength to strength as we experience an increase in demand from European, Asian and US tech hubs which appears set to endure over the next 12 months.”
