Nottingham based recruitment and outsourcing group Staffline reported a solid set of full-year figures, helped by acquisitions in 2012 and as it won new customers.
The group, which specialises in food processing, manufacturing, e-retail, driving and logistics recruitment, said revenues rose 13.4% to £416.2m in the year ended December 31st 2013 while adjusted group operating profit jumped 15.6% to £12.8m.
Reported pre-tax profit was up 0.5% to £8.6m.
Adjusted earnings per share climbed 21.6% to 46.1p while adjusted pre-tax profit increased 16.1% to £12.5m.
Staffline, which has operations in the UK, Ireland and Poland, said its five-year growth strategy was on track to achieve a sales target of £1bn by 2017.
Chief Executive Andy Hogarth said: "The core business continues to generate strong levels of interest from both new and existing customers. Our growth strategy is now well advanced and is due to have a positive impact on the group in the current year.
"Looking ahead, we have a clear strategy to grow and remain focussed on broadening our service."
Underlining its confidence in future trading the group is recommending a final dividend of 6.2p and a total dividend of 10.0p, up 23.5% from the year before.
The group recorded net cash of £4.9m at the year end compared to net debt of £4.6m the year before.
Outsourcing and recruitment firm Servoca reported a rise in annual profits, driven by strong revenue growth in the Education recruitment business.
Pre-tax profit came to £0.81m in the year through September 2013, up from £0.21m in 2012.
Group revenue rose to £43.06m from £42.48m the prior year as the Education division benefitted from investments made in internal capabilities and improved trading conditions.
Operating profits improved in Healthcare related businesses, reflecting efforts towards the end of the previous financial year to reduce overheads.
The Police and Security related businesses also delivered increases in revenues and gross profits over prior year.
Total group operating profit for the year was £0.88m, compared to £0.27m in 2012, and gross profit jumped to £12.26m from £11.98m.
Net debt decreased from £3.27m at the end of September 2012 to £3.07m at the end of September 2013. Cash generated from operations in the year was £0.68m, up from £0.07m a year earlier.
"We are very pleased to have returned to growth after a challenging period," said Chief Executive Andy Church.
"We now have a solid cash generative and profitable platform from which to drive the business forward, both organically and through suitable acquisitions."