Harvey Nash Group Regulatory News (HVN)

30 June 2016

AGM Trading Update

A resilient performance in line with the Board's expectations

At today's Annual General Meeting of Harvey Nash Group plc, the technology focused recruitment and offshore services group, Julie Baddeley, will give the following trading update to shareholders:

"The Group has traded in line with the Board's expectations in the first four months of the financial year, under challenging conditions, achieving an 8% increase in gross profit compared with the same period in the prior year (4% on a constant currency basis*).

"The directors are encouraged by this performance. While mindful of economic uncertainty following the EU Referendum and an associated lack of visibility, we believe that Harvey Nash, with its robust balance sheet and strategically defensive mix of contracting, offshoring and high proportion of non-sterling earnings, is well placed to deliver further resilient performances through uncertain times."

* 2016 figures re-translated at 2015 rates.

** Continuing operations.