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Last checked at 
12 Jan 2010 07:00
Work Group plc ("Work" or the "Group")
Trading Update
Work, the AIM-listed marketing services company, announces a trading update ahead of the release, on 16 March 2010, of its preliminary results for the year ended 31 December 2009.
Despite the unprecedented challenges that 2009 presented, the Board is confident that full year results will be in line with expectations, and that the net cash position at the year end is in excess of £2m.
Simon Howard, Chairman, comments: "We lived through extraordinary times in 2009, but we finished the year in line with our forecasts and in a strong cash position. We remain debt-free and so are well-placed to benefit from any recovery in 2010".
Further enquiries:
Work Group Tel: +44 (0)20 7492 0000
Simon Howard
Michael Warren
Altium Tel: +44 (0)20 7484 4040
Tim Richardson
Sam Fuller
About Work Group
Work Group is a marketing services company which offers a range of solutions which enable employers to win the war for talent. It focuses on providing services in "talent acquisition and talent development" which enable employers to more effectively recruit, engage, develop and retain key staff.
Work Group's approach is to help employers reduce their traditional reliance on third-party recruiters such as head-hunters and recruitment firms through helping them establish and maintain a direct relationship between employer and prospective employee. It also helps employers reduce attrition costs through better employee engagement and retention of key talent.
Work Group currently operates through two divisions; Communications and Talent Management, providing services from its five locations in the UK and offices in New York and Hong Kong.
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