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Pre-close Trading Update

22nd Jul 2011 07:00

RNS Number : 8428K
Work Group plc
22 July 2011
 

22 July 2011

 

 

WORK GROUP PLC

(the "Company")

 

Pre-Close Trading Update

 

Work Group plc (LSE - AIM: "WORK"), announces ahead of its close period that net fee income (gross profit) for the six months ended 30 June 2011 was £6.4m, 7% up on the corresponding period last year. In addition, the balance sheet remains strong with no debt. As a consequence, management is confident that full year expectations will be met.

 

The Company will announce its half year results for the six months ended 30 June 2011 on 16 September 2011.

 

www.workgroup.plc.uk 

 

Further enquiries:

 

Work Group

Simon Howard, Executive Chairman

Rose Colledge, Chief Executive

Tel: +44 (0)20 7492 0000

 

 

Merchant Securities Limited

Simon Clements

Lindsay Mair

Tel: +44 (0)20 7628 2200

 

About Work Group

 

Work Group plc is a marketing services company.

 

The Company offers a range of solutions to staff recruitment to employers which enables them to win "the war for talent". It focuses on providing services in talent acquisition and talent development which enable employers to more effectively recruit, engage, develop and retain key staff.

 

Work Group plc's approach is to help employers reduce their reliance on traditional third-party recruiters, such as head-hunters and recruitment firms, through helping them establish and maintain a direct relationship with prospective employees. The Company also assists employers in reducing their attrition costs through better employee engagement and retention of key talent.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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