FINANCIALS: Matchtech’s strong H1 performance

Matchtech group, the specialist engineering and professional services recruitment company, has revealed a strong first half (H1) performance for the six months ending 31 January 2014.
Thu, 6 Feb 2014Matchtech group, the specialist engineering and professional services recruitment company, has revealed a strong first half (H1) performance for the six months ending 31 January 2014.

In H1 the group generated total net fee income (NFI) of £22m, representing a 15% increase from continuing operations, compared with the same period last year.

The group said that since its last update on 15 November 2013, the company has continued to trade well and expects its results for the full year to be slightly ahead of current expectations.

“Demand for permanent staff from our customers continues to improve, with permanent fees of £6.3m, up 19% compared with the same period last year,” says a statement from the company.

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