20th Jul 2009 07:00
WORK GROUP PLC
Trading update
Work Group plc ("Work Group"), the AIM listed employer marketing company, announces ahead of its close period that it expects to report an operating break even position (before exceptional costs) for the six month period ended 30 June 2009, in line with management expectations, and has continued to invest in its overseas businesses.
The balance sheet continues to be strong with no debt and net cash at the half year in excess of £1.4m.
Work Group will announce its half year results on 22 September 2009.
www.workgroup.plc.uk
Further enquiries:
|
Work Group Simon Howard, Executive Chairman Michael Warren, Finance Director |
Tel: +44 (0)20 7492 0000 |
|
Altium Tim Richardson Sam Fuller |
Tel: +44 (0)20 7484 4040 |
About Work Group
Work Group is a marketing services company which offers a range of solutions which enable employers 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's approach is to help employers reduce their traditional reliance on third-party recruiters such as head-hunters and recruitment firms through helping them establish and maintain a direct relationship between employer and prospective employee. It also helps employers reduce attrition costs through better employee engagement and retention of key talent.
Work Group currently operates through two divisions; Communications and Talent Management, providing services from its six locations in the UK and offices in New York and Hong Kong.
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