4th Sep 2018 09:35
LONDON (Alliance News) - Dillistone Group PLC shares rose on Tuesday as the software company for the recruitment industry said it expects its annual results to be in line with market views.
Shares were trading up 8.3% at 59.00 pence each.
The company added that, its new division, GatedTalent, which allows executives to share information with recruiters securely, is "making positive progress with excellent growth in executive members".
In August, the company recorded a record in platform registrations, with 50% more newly created profiles compared to the previous "best month".
"The continuing growth of the membership pool means that GatedTalent is now ready to turn on the monetisation element of the platform, although it will generate only minimal revenue in 2018," the company, which expects the division to be loss-making for 2018 and 2019, said.
Dillistone will post its annual results in the week beginning September 24.
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