Pre Close Trading Update

30 Jan 2008 07:01

Matchtech Group PLC30 January 2008 30 January 2008 Matchtech Group plc ("Matchtech" or the "Company") Pre Close Trading Update Matchtech, one of the UK's leading technical recruitment companies, willannounce its Interim Results for the six months ending 31 January 2008 on Monday17 March 2007. Ahead of this, the Company today announces a Pre Close TradingUpdate. In the six months ending 31 January 2008 the Group has seen good growth in NetFee Income ("NFI") across all three operating sectors, Engineering, BuiltEnvironment and Support Services. With the investment in our graduaterecruitment campaign, which added an additional 30 consultants at the start ofthe financial year, operating performance in the first half of the financialyear has been in line with the Board's expectations. George Materna, Chairman of Matchtech, commented: "I am pleased to report thatwe have made a good start to the year and that we are currently seeingencouraging demand across a broad range of clients for the limited pool ofskilled resource that is available." For further information please contact: Matchtech Group plc 01489 898 989 George Materna, Chairman Adrian Gunn, Managing Director Tony Dyer, Finance Director Arbuthnot Securities 020 7012 2000 Andrew Fullerton / Richard Tulloch Hogarth Partnership 020 7357 9477 John Olsen / James Longfield / Fiona Noblet Background on Matchtech Matchtech specialises in the provision of contract and permanent staff in theEngineering, Built Environment and Support Services sectors across the UK. It was established in 1984 and has grown organically to become the UK's 4thlargest technical and engineering recruitment specialist and one of the UK's 20largest recruitment companies (Source: Recruitment International Top 100 Report- August 2006). Operating from a single site near Southampton, Matchtech provides predominantlyprofessionally-qualified candidates to clients in a broad range of industriesincluding oil and petrochemicals, marine, aerospace, water, electronics, civilengineering, building structures and transport infrastructure. It structures itsbusiness across three main sectors: Engineering, Built Environment and SupportServices. Matchtech Group plc floated on AIM in October 2006. This information is provided by RNS The company news service from the London Stock Exchange