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Nakama Revenue To Miss Expectations On Soft UK Contracting Market

Fri, 01st Apr 2016 07:30

LONDON (Alliance News) - Recruitment company Nakama Group PLC on Friday said its revenue for the full year will miss expectations due to weakness in the UK market.

Nakama said markets have been "inconsistent" and has seen a softening in the contract recruitment market in the UK.

While the company is addressing the issue in the UK, revenue for the year to the end of March will be below its expectations due to the soft trading.

Nakama shares were down 38% to 1.75 pence early Friday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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