4th Jul 2006 07:01
Penna Consulting PLC04 July 2006 Penna Consulting Plc 4 July 2006 Trading update Penna Consulting Plc ("Penna" or the "Company"), the Human Capital ManagementConsultancy, today issues the following trading statement. Trading in the first quarter of the financial year (April - June) has beensimilar to the same period of last year for the majority of our service lines,with particularly strong performance being achieved by HR Consulting andLeadership Services. However, our largest division, Career Transition, hasexperienced subdued demand for its outplacement services particularly in theCity, which historically accounts for a third of the division's revenue. Thisis a result of the current buoyant conditions in Financial Services and theabsence of major rationalisation projects. Accordingly the Board is expecting that the profit outcome for the year as awhole will be marginally below that achieved in the last financial year. - Ends - Enquiries: Penna Consulting Plc 020 7648 2448 Stephen Rowlinson ChairmanGary Browning Chief ExecutiveDavid Firth Finance Director This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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