20th Oct 2014 16:38
LONDON (Alliance News) - CPL Resources PLC said Monday that it expects to perform in line with market expectations in the months ahead, in a statement at its annual general meeting.
The Irish employment services group said it had seen a positive start to its new financial year, with its net fees "continuing to show growth across [its] major business lines."
It said it is investing in its operations in Eastern Europe, and expects those business to "benefit from profitable growth in the future."
At its full year results in September, the company posted a rise in pretax profit of 17% to EUR14.3 million from EUR12.3 million the year before as revenue came in 12% higher at EUR369.3 million from EUR330.8 million.
It said it has a strong balance sheet, with more than EUR30 million in net cash at the year end.
Shares in CPL Resources last closed at 542.15 pence.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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