FINANCIALS: CPL Resources reveals good performance

Irish recruiter CPL Resources expects profits to be line with expectations, according to a trading update for the year to 30 June 2018.

The update, released this morning, reveals the business has continued to perform well, with revenues and profits up on last year amid high demand for talent and low unemployment rates. Though the group added a note of caution, saying it remains conscious of the impact of political, regulatory and economic events globally on its business.

Profit before tax for the year to 30 June 2018 is expected to be in line with market expectations, while the group reported its balance sheet and cashflow remain strong.

The update also revealed the group’s chief financial officer Lorna Conn has joined the company’s board with immediate effect.

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