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(Alliance News) - Dillistone Group PLC on Monday said its first-half loss widened, and it has appointed interim Financial Director Ian Mackin on a full-time, permanent basis.
Dillistone is a Basingstoke, England-based supplier of software and services to the recruitment industry.
In the six months to June 30, revenue edged up by 1% to GBP2.82 million from GBP2.80 million the year before. However, Dillistone's recurring revenue fell by 2% to GBP2.5 million over the comparable period last year.
Its loss before tax widened to GBP274,000 from GBP141,000 in the first half of 2021.
Looking ahead, the company expects to deliver full year results in line with market expectations whilst it remains conscious of the broader economic situation.
Moving away from results, Dillistone said its interim Financial Director Ian Mackin has been hired on a full-time permanent basis, effective immediately.
Mackin has been acting as a finance director since June this year, after its Chief Financial Officer Joanne Curd left the business. Mackin was previously the company's financial controller.
Further, Julie Pomeroy, who was due to step down as non-executive director on September 30, has agreed to stay with Dillistone.
Non-Executive Chair Giles Fearnley said: "We are delighted to confirm that Ian Mackin, previously interim financial director, has now accepted the position on a permanent basis. Coupled with the valuable expertise that Julie Pomeroy continues to bring, we believe we have the right team to take the group forward."
Dillistone shares were untraded at 19.00 pence each in London on Monday around midday.
By Sophie Rose; sophierose@alliancenews.com
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