Technology staffing specialist The ReThink Group says it is seeing “continued demand and growth” across its whole business, according to a trading update for Q1.

Before the firm’s AGM today, the group revealed that Q1 revenues are 24.5% ahead of the same period last year and net fee income (gross profit) is 37.7% ahead.

The update continues: “The expansion of the recruitment process outsourcing business continues and is expected to benefit considerably from the addition of a significant retail client gained in the second half of the previous financial year. The business technology and transformation division is trading in line with the board’s expectations.

“The group is also pleased to announce that it has renewed its main banking facility in the period since the year-end.

“The board believes that the profit before taxation for the six months to 30 June 2011 will be ahead of the same period in 2010 and currently anticipates that the full-year result at the turnover and profit before and after taxation level will be in line with market expectations.”