Interim Management Statement

14 Feb 2008 07:00

Triad Group Plc14 February 2008 Triad Group Plc Interim Management Statement Triad Group Plc presents its interim management statement as required by the UKListing Authority Disclosure and Transparency Rules. The statement covers theperiod from 1 October 2007 to 14 February 2008. In my half year statement, I referred to the potential impact on our utilisationlevels following delays and cancellations in IT development projects as a resultof turmoil within the financial markets. I am pleased to report that efforts toreplace this business have been successful and utilisation levels in the ITconsultancy and systems business have remained high throughout the period. Therecruitment of highly qualified permanent staff continues and staff turnoverremains very low. The development of niche sectors within the resourcing business continues. Thepre-Christmas slowdown normally experienced in the resourcing business hascontinued into the new year. We continue to trade comfortably within the financial facilities available tous. John Rigg Chairman This information is provided by RNS The company news service from the London Stock Exchange