Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Commenting, Ian Temple, Executive Chairman of Hydrogen Group plc said: "The Group has delivered good results for the first six months of the year. A strong performance from our contract business, combined with continued tight control of costs has enabled us to increase profitability, whilst carefully investing in our international network to ensure we are well positioned for medium-term growth. Whilst uncertainty in the macro economic outlook continues to result in reduced visibility in our markets, the Group is performing in line with expectations, with our performance in July and August broadly consistent with that of the previous quarter."
Operating Highlights · Strong contract performance with NFI up 41% to £8.1m (2010: £5.7m) · NFI from Engineering increased by 71% to £2.9m (2010: £1.7m) · Hong Kong office opened in April 2011 · Headcount servicing international markets increased by 13% to 112 (31 December 2010: 99), representing 40% of Group fee earning headcount (31 December 2010: 38%)
UNAUDITED CONDENSED CONSOLIDATED INTERIM REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2011 The Board of Hydrogen Group Plc ("Hydrogen" or "the Group"), the specialist international recruitment Group, is pleased to announce its unaudited interim results for the six months ended 30 June 2011. Financial Highlights · Group revenue increased by 45% to £80.0m (2010: £55.2m) · Group net fee income ('NFI') increased by 14% to £15.1m (2010: £13.2m) · Profit before tax increased by 64% to £1.8m (2010: £1.1m) · Profit conversion (ratio of profit before tax: NFI) increased by 50% to 12% (2010: 8%) · Basic earnings per share increased by 76% to 6.01p (2010: 3.42p) · Reduction in net debt to £1.5m (31 December 2010 £2.2m) · Interim dividend maintained at 1.4p (2010: 1.4p)
http://www.investegate.co.uk/Article.aspx?id=201109050700095798N
Final dividend The Board of Hydrogen Group plc (the "Company") yesterday recommended a final dividend of 2.7p per share in respect of the year ended 31 December 2010. Correcting the record date provided in yesterday's preliminary results announcement, the full details for the proposed final dividend are: Record date: 13 May 2011 Payment date: 3 June 2011
http://www.investegate.co.uk/Article.aspx?id=201103150700139291C
Impressive results - deserves some research here I think
Commenting, Ian Temple, Executive Chairman of Hydrogen Group plc said: "We are pleased that the actions taken in 2010's improving market have enabled us to return to the growth levels experienced prior to the downturn. We have made excellent progress with our international expansion with strong performances from both our Australian and newly opened Singapore offices during the year. Whilst visibility in the global recruitment markets remains limited we have seen a growth in confidence during 2010 and expect this to continue in 2011. We continue to invest in opportunities for potential growth and taking all available indicators into consideration, we remain well placed for the forthcoming year.
Operational Highlights § NFI from permanent placements increased by 83% to £14.8m (2009: £8.1m) § Contractors working for clients increased by 93% to 1,233 (December 2009: 640) § Sydney office NFI grew by 150% to £3.0m (2009: £1.2m) § First Asian office opened in Singapore and performed strongly generating NFI of £1.6m § Engineering, our newest sector, grew NFI by 160% to £3.9m (2009: £1.5m) § Headcount increased by 31% to 329 (31 December 2009: 252)
Financial Highlights § Group revenue increased by 67% to £123.4m (2009: £74.1m) § Group net fee income ("NFI") increased by 64% to £27.6m (2009: £16.8m) § Profit before tax was £2.5m (2009: £0.3m before exceptional costs) § Basic earnings per share increased to 8.0p (2009: (22.3p), before exceptional costs 2.4p) § International NFI increased by 138% to £8.8m (2009: £3.7m) and now represents 32% of Group NFI (2009: 22%) § Days of sales outstanding (DSOs) reduced by 4 days to 25 days (2009: 29 days) § Proposed final dividend of 2.7p maintaining the total dividend for the year at 4.1p (2009: 4.1p)
http://www.investegate.co.uk/Article.aspx?id=201103140700078384C