Sign In
Last checked at 
18 Jul 2012 07:00
18 July 2012
WORK GROUP PLC
(the 'Group')
Pre-close Trading Update
Work Group plc (LSE - AIM: "WORK"), the AIM quoted talent management company, announces ahead of its close period that net fee income (gross profit) for the six months ended 30 June 2012 (the 'period') was £6.2m, 4% down on the corresponding period last year.
The market generally for recruitment services has been challenging, with the Group experiencing a slow first quarter in particular. Despite this, the Group made a small operating profit for the period and remains debt-free with net cash in excess of £0.5m.
The Group will announce its results for the period on 18 September 2012.
www.workgroup.plc.uk
Further enquiries:
Work Group Simon Howard, Executive Chairman Rose Colledge, Chief Executive | Tel: +44 (0)20 7492 0000 |
|
|
Merchant Securities Limited Simon Clements Catherine Miles | Tel: +44 (0)20 7628 2200 |
About Work Group plc
The Company offers a range of solutions that enable organisations to win "the war for talent". It focuses on providing services in talent acquisition and talent management that help employers to more effectively attract, engage, develop and retain key staff.
Work Group plc's approach is to help employers reduce their reliance on traditional third-party recruiters, such as head-hunters and recruitment firms, by helping them establish and maintain a direct relationship with prospective employees thereby reducing the cost of hiring. The Company also assists employers in reducing their staff attrition costs through better employee engagement and improved internal communications.
Follow the stocks
