Technology staffing specialist the ReThink Group expects revenues to be “marginally ahead” of market expectations and plans to open a new office in Asia, according to a trading update for the year ended 31 December 2010.

The company says: “In the statement accompanying the interim results for the six months ended 30 June 2010, the chairman stated that the results for the year to 31 December 2010 would be in line with market expectations. The board is pleased to announce that it expects this still to be the case and that revenues will be marginally ahead of market expectations and the profit before tax to be in line with market expectations at £0.9m.

“While it is very early in the year, current trading has started well with contractor numbers continuing to grow, permanent revenues ahead of management’s expectation and a positive start from the IT & business consulting division, Aiimi.

“The continued development of the group’s RPO offering is adding long-term contract agreements to the company and we are pleased with the development of Boots and M&S in this area. We expect to report on a further RPO win in the near future.

“We are also pleased with the development of the business in the Middle East and we expect to open a new office in Asia during H1 of 2011.”

The group will report its preliminary results for the year ended 31 December 2010 in early April.