10th Oct 2018 10:20
LONDON (Alliance News) - Specialist recruitment company Hydrogen Group PLC said on Wednesday it has opened two new offices for its US business in Austin, Texas and San Diego, California, as well as relocated its operations in Houston to larger premises.
Both cities are regarded by Hydrogen as key locations to drive further growth in Science, Technology, Engineering and Mathematics markets, notably in Technology and Life Sciences.
This is the latest initiative by Hydrogen to grow its operations in the region.
The enhanced focus on the region has led to US net fee income for the third quarter ended September 30 to be 40% higher than the total earned for the first six months of 2018.
"We have identified North America as a key driver of our continued growth, so we are delighted to be able to announce the opening of two new offices in Austin & San Diego. I look forward to the continued development of our business in these exciting and high growth markets," said Chief Executive Officer Ian Temple.
Shares in Hydrogen were up 3.4% at 72.35 pence on Wednesday, having risen as high as 76.50p earlier.
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