Impellam Annual Report 2017

16 March 2018

Impellam Group plc is the second largest staffing company in the UK and the sixth largest managed service provider worldwide. Impellam Group made excellent progress with key strategic initiatives during 2017, delivering £37.9m (2016: £39.8m) of profit before tax despite challenging trading conditions in the UK; in particular, in the healthcare and education markets. In addition, reduced net debt by 20% and managed costs tightly enabling Impellam to deliver dividends to shareholders in line with 2016. Note the comment by the Chairman Lord Ashcroft marking the retirement of Shane Stone from the Board: ‘In November, The Honourable Shane Stone stepped down from the Board after seven years’ service, but I am pleased he will continue to serve as an advisor to the Company in its Australian markets’.

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