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Flat performance seen at Hydrogen

Thu, 02nd Jul 2009 08:18

The share price of Hydrogen Group deflated Thursday morning as the recruitment firm warned of a flat performance in 2009.The firm said the trading environment has remained challenging in the first half of 2009 and the board is not expecting any upturn in the second half of the year.The group expects to roughly break even in the first half of 2009 while full-year results are unlikely to be materially better than those achieved in 2008.On a positive note cash generation remains strong and this, allied with tighter cost control and debtor management, should mean the company ends the year with a net cash balance.“We will continue to invest selectively in new markets and geographies to enable us to emerge from the current downturn in a stronger position.,” the company pledged.
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1 Jul 2010 16:00

UK SMALLCAP ROUNDUP: Wills & Co Declared In Default

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps WILLS & CO STOCKBROKERS LTD, a small cap share dealer, has been declared to be in default by the Financial Services Compensation Scheme, four months afte

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1 Jul 2010 13:21

UPDATE: Hydrogen Group 1H Helped By Return Of Financial Hiring

(Adds executive comments, share price) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Professional recruitment business Hydrogen Group PLC (HYDG.LN) said Thursday first-half trading was ahead of its own expectations, boosted by its growing overseas business and the resurge

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1 Jul 2010 12:00

INTERVIEW: Hydrogen Group Eyes Europe, Middle East Markets

By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Professional recruitment business Hydrogen Group PLC (HYDG.LN) is looking to enter potentially lucrative new markets in Europe and the Middle East, Executive Chairman Ian Temple said Thursday, but it isn't likely to open another i

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1 Jul 2010 09:24

Hydrogen Group 1H Beats Own Views; Seeks Overseas Growth

LONDON (Dow Jones)--Professional recruitment business Hydrogen Group PLC (HYDG.LN) Thursday said first-half trading was ahead of its own expectations, boosted in part by a larger proportion of business overseas, and said it was looking to expand further internationally. The recruiter didn't give

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1 Jul 2010 07:59

Hydrogen Group: Six Month Trading Ahead Of Board's Views

LONDON (Dow Jones)--Hydrogen Group PLC (HYDG.LN), a specialist professional recruitment business, said Thursday the improving trends in its markets, have continued and trading for the six months ended June 30 was ahead of the Board's expectations. MAIN FACTS: -Seen further strengthening in t

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30 Apr 2010 08:27

Small caps round-up: Commoditrade, Handmade, Hydrogen...

Commodity investor Commoditrade narrowed full-year losses to $14.7m from $40.9m in 2008, although revenue sank to $20.1m from $31.1m despite an improvement in the second half. "As a result of the significant changes made during the last year, Commoditrade is in a much stronger position to grow reve

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3 Mar 2010 11:45

Small caps round-up: Strontium, Griffin Mining, OPG...

Professional services group Strontium increased profit after tax and exceptional items 13-fold in the six months to 31 December to £97,895. Profit on continuing activities before taxation and impairment charges rose 95% to £145,270 on revenue from continuing activities up 23% to £1.23m. "Market c

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14 Jan 2010 09:53

Small caps round-up: Styles & Wood, Hydrogen, Travelzest...

Shopfitter Styles & Wood has been kept busy by projects for retailers such as the grocers Waitrose and Morrisons and the banks Barclays and Lloyds TSB and expects profits for the year to December 31 to be in line with expectations. Specialist recruitment group Hydrogen said it is well positioned f

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