Kru Live predicts 20% revenue growth after positive results

Staffing company Kru Live is predicting revenue growth of 20% for this financial year.

Sarah-Jane Benham and Tom Eatenton of Kru Live and Kru Talent
Sarah-Jane Benham and Tom Eatenton of Kru Live and Kru Talent

This follows publication of Kru Live's annual results for the year ending 31 March 2016, which revealed an increase in gross profits to £860K from £707K for the previous year.

Turnover for the year was £3.19m, up from £3.18m the previous year.

Tom Eatenton, CEO, said: "Our projected growth on revenues is 20% and we are in fact on course to smash this target. As for profit – we keep our fingers crossed."

Eatenton said the agency would continue with its strategy of "consistency and longevity" as well as ensuring it delivers "time after time".  

Kru Live has recently won accounts with Land Rover Jaguar and Imagination, and is currently activating a pan-European tour with Reebok and Crossfit. Its entertainment division, Kru Talent, has been appointed preferred partner status by The Science Museum. 

Eatenton added: "Kru talent has achieved 200% growth YOY in 2016 to date. We have moved to much larger premises in Parsons Green to improve our team facilities and to allow for anticipated growth in the coming year."

In April, Kru Live secured a three-year contract with GiveSmart.

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