Tuesday December 10, 2019

CPL is cash-rich but not looking for acquisitions

Barry J Whyte

Chief Feature Writer

@whytebarry
6th September, 2015
Anne Heraty, chief executive of CPL, wants to grow non-Irish profits. Picture: Feargal Ward

There’s plenty of growth left in the Irish recruitment business, according to CPL Resources chief executive Anne Heraty, but the company wants to grow non-Irish profits from its current level of 25 per cent of the total to more than 40 per cent in the next five years

Despite the company’s healthy cash surplus, that growth will not come from a flurry of acquisitions, Heraty told The Sunday Business Post.

“At a revenue...

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