Quantica plans expansion

Possible move into financial sector

Quantica, the listed recruitment and training group, has announced plans for more growth at its annual general meeting, after a solid 18 months.

Chief executive Les Lawson told Recruiter the firm could be moving into financial recruitment and is also considering potential acquisitions.

Lawson said: “As a group we are happy. We think we are 25% ahead of where we were this time last year.

“Financial recruitment could be another area to move into this year, to supplement our portfolio of search and selection, automotive and retail recruitment.”

Earlier this year, Lawson revealed that the firm has benefited from the collapse of margin-reducing preferred supplier list (PSL) agreements due to intense labour market competition.

This came after Quantica unveiled strong full-year results, with turnover up by 24% to £30.8m and pre-tax profits up 150% to £2m.

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