22 March 2022 - trading update
The specialist recruitment business has issued a trading update covering the three months to the end of February 2023 and this has revealed that net fee income rose by 4% over the previous year to £102.6m. This was much in line with expectations with an increase in contract business from permanent business as the group transitions towards placing more contract staff. This is the eighth consecutive quarter that contract revenues have increased. The group remains in a healthy financial situation with net cash at 28 February of £64m. The trading environment remains uncertain although . . .
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