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UK – Morson Group reports record revenue for full year 2018

24 September 2019

UK-based engineering recruitment firm Morson Group recorded revenue of £867 million for the full year ended December 2018, an increase of 6.5% when compared to the previous year.

The £867 million revenue is a record high for the group which is also celebrating its 50th year in business.

Revenue growth was attributed primarily to continued organic growth in core sectors and subsidiary companies.

Growth was spearheaded by three strategic acquisitions made during 2018, which saw the Morson Group acquire Canadian and US-based recruiter, Strategic Infusion Inc. and UK-based companies, Anderselite Holdings Ltd and Waldeck Holdings Ltd.

Strategic Infusion Inc. continued the Morson Group’s North American expansion into mature markets in power, nuclear, telecommunication and aerospace.

Anderselite Holdings, strengthened the group’s presence and offer in construction, civil engineering, facilities management and rail, while Waldeck established a complementary offer alongside Morson Projects, boosting its design capabilities in rail, civil structural engineering and architecture, while adding significant Building Information Modelling expertise.

Morson Group CEO, Ged Mason, commented, “2018 was a landmark year for the Morson Group as we cemented our position as market leaders of talent and go-to strategic partners across a number of technical sectors.”

Founded in 1969, the Morson Group remains the UK’s largest independently-owned recruitment company and collectively employs more than 1,100 people.

“Our continued focus on high quality staffing solutions as well as successful sector diversification, both in terms of our geographical footprint and products offered, will take us towards our goal of reaching a £1billion group turnover,” Mason concluded.