Revenue surges at ID Medical

Specialist staff recruitment agency ID Medical Group has reported a 33% surge in revenue to £165.1m for the year ended 31 December 2015. However, costs outstripped earnings as cost of sales increased 35% to £138.8m and administrative expenses soared 33% to £22.4m. The result was a 12% drop in operating profit to £4m, which after…

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