Matchtech Group PLC
30 January 2008
30 January 2008
Matchtech Group plc
('Matchtech' or the 'Company')
Pre Close Trading Update
Matchtech, one of the UK's leading technical recruitment companies, will
announce its Interim Results for the six months ending 31 January 2008 on Monday
17 March 2007. Ahead of this, the Company today announces a Pre Close Trading
Update.
In the six months ending 31 January 2008 the Group has seen good growth in Net
Fee Income ('NFI') across all three operating sectors, Engineering, Built
Environment and Support Services. With the investment in our graduate
recruitment campaign, which added an additional 30 consultants at the start of
the financial year, operating performance in the first half of the financial
year has been in line with the Board's expectations.
George Materna, Chairman of Matchtech, commented: 'I am pleased to report that
we have made a good start to the year and that we are currently seeing
encouraging demand across a broad range of clients for the limited pool of
skilled resource that is available.'
For further information please contact:
Matchtech Group plc 01489 898 989 George Materna, Chairman
Adrian Gunn, Managing Director
Tony Dyer, Finance Director
Arbuthnot Securities 020 7012 2000 Andrew Fullerton / Richard Tulloch
Hogarth Partnership 020 7357 9477 John Olsen / James Longfield / Fiona Noblet
Background on Matchtech
Matchtech specialises in the provision of contract and permanent staff in the
Engineering, Built Environment and Support Services sectors across the UK.
It was established in 1984 and has grown organically to become the UK's 4th
largest technical and engineering recruitment specialist and one of the UK's 20
largest recruitment companies (Source: Recruitment International Top 100 Report
- August 2006).
Operating from a single site near Southampton, Matchtech provides predominantly
professionally-qualified candidates to clients in a broad range of industries
including oil and petrochemicals, marine, aerospace, water, electronics, civil
engineering, building structures and transport infrastructure. It structures its
business across three main sectors: Engineering, Built Environment and Support
Services.
Matchtech Group plc floated on AIM in October 2006.
This information is provided by RNS
The company news service from the London Stock Exchange
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