Matchtech Group’s net fee income for the quarter to 31 October is up 21% compared with the same period in the previous financial year, chairman George Materna announced at the company’s AGM today.

Permanent income is up 27% compared to last year, while income from contract placement has grown by 18%

Materna says: “While we remain mindful that client sentiment can change rapidly as the economic backdrop alters, we are seeing the benefits of last year’s investment in additional headcount start to come through and remain optimistic that the business will deliver a strong performance this year, albeit again weighted to the second half.”