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21 Oct 2013 17:49
21 October 2013
Cpl Resources plc
Trading Update
Cpl Resources plc ('Cpl' or the 'Group'), Ireland's leading employment services group, held its Annual General Meeting ('AGM') in Dublin on 21 October 2013.
At the AGM, the Chairman Mr John Hennessy made the following statement:
"On 5 September 2013 we announced our results for the year ended 30 June 2013. The Group reported revenue growth of 14% and earnings per share of 35.0 cent up 37% on the prior year. The Group has a strong balance sheet and cash at bank at the year end.
At our AGM today the shareholders approved a final dividend of 4.5 cent per share, bringing the total dividend for the year to 8.5 cent per share, a 31% increase on 2012.
The Group had an encouraging start to our new financial year. Fees from permanent placement continue to show modest growth and the signs of tentative economic recovery remain evident in Ireland and other markets in which we operate. Visibility remains difficult, but we expect to be in a position to meet expectations for the six month period to 31 December 2013."
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