CPL shares jump as it shrugs off shocks

Recruitment group sees 'limited' impact from big political events of 2016 so far

Recruitment market strong in CPL's first half. Pic: Rollingnews.ie

Shares in recruitment group CPL Resources rose sharply in Dublin this morning after it reported pre-tax profits of just over €8m for the six months to the end of December, an increase of almost 7 per cent compared with a year earlier.

The group said revenue rose by 5.7 per cent to €228.7m. The shares were up more than 5 per cent to €5.95 in early trading in Dublin.

CPL said there had been continued growth in many of its main areas of business during the six months, with political and economic shocks –such as Brexit and the election of Donald Trump– having a “limited impact” on its key sectors.