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Don't have an account? Click here to register.Nakama Group posts decline in profit after 'challenging' first half
Mon, 28th Oct 2013 16:01
AIM-quoted recruitment consultancy Nakama Group posted stable revenue but a decline in pre-tax profit for the half year ended September 30th, admitting it had been a 'challenging' period for the firm. Revenue for the six months totalled £8.63m (2012: £8.64m), with a 3% increase in net fee income (NFI) to £2.13m (2012: £2.08m), boosted by increased permanent placement fees overall. Pre-tax profit fell to £61,235 (2012: £141,029). The group reported making some "important strategic hires" and increased its ability to deliver within a broader set of digital markets. Looking ahead to the second half, the group said its performance so far was in line with expectations and anticipated an improvement overall. Chairman Ken Ford commented: "Whilst trading conditions in the UK remain challenging [...] we expect to continue to build on these foundations across the board and grow net fee incomes over forthcoming trading periods. "Furthermore, we have seen client growth across the APAC regions, with increased demand in the media and technology spaces, e-commerce, Search Engine Management /Search Engine Optimisation (SEM/SEO) throughout the region. Pleasingly the digital market continues to grow, as clients all look to expand their internal capabilities. "We are therefore optimistic for the second half and look forward to meeting head on, what is still a challenging marketplace, but one on which we feel we are strategically well placed to capitalise." NR
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12 Feb 2014 13:13
ReThink no longer considering offer for Nakama
ReThink has confirmed that it has no intention of making an offer for Nakama Group. The group previously announced it was in preliminary discussions regarding a potential offer for Nakama following a leak, but has since confirmed the talks did not progress before the very early stages. ReThink's
Read more12 Feb 2014 13:06
UPDATE: Nakama Group Slides As Both Potential Bidders Walk Away
LONDON (Alliance News) - Shares in recruitment company Nakama Group PLC fell Wednesday after both Talent International Holdings Pty Ltd and The ReThink Group PLC said they don't intend to make a takeover offer for the company. Nakama shares had soared January 22 when it said it was in talks
Read more12 Feb 2014 10:23
Nakama Group Slides As One Of Two Potential Bidders Walks Away
LONDON (Alliance News) - Shares in recruitment company Nakama Group PLC fell sharply Wednesday after Talent International Holdings Pty Ltd said it doesn't intend to make a takeover offer for the company. Nakama had soared January 22 when it said it was in talks with two companies, Talent In
Read more22 Jan 2014 10:51
Nakama Group Soars As It Reveals Potential Takeover Talks
LONDON (Alliance News) - AIM-listed recruitment company Nakama Group PLC Wednesday said it is in preliminary talks with two companies about a potential takeover offer for the company. In a statement, it said talks are taking place with Talent International Holdings Pty Ltd and The Rethink G
Read more28 Oct 2013 11:03
6 Mar 2013 16:11
Non-exec at Lancashire Holdings sells quarter of stake
Non-executive Director Neil McConachie sold 25,000 shares in Lancashire Holdings this week, it was announced Wednesday. Neil McConachie disposed of the shares at 913.00p each for a total of £228,250. The transaction comes two weeks after the insurance group announced that it will return $170m to
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