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World Careers Network (WCN) said costs had risen in the second half of the year as a result of the additional staff it has hired.
Sales for the year to 31 July rose to £3.72m, up 30% on a year earlier. Profit before tax was £1.02m, up 70%. WCN's headcount rose to 64, from 44. The firm said it may rise further, to 80, by the end of the current financial year.
Trading updates issued by recruiters at the end of the year were mostly positive, boosting shares. Hays was among this group, and there were also largely-dismissed rumours it would attract a takeover bid of 220p a share from Adecco.
IT recruiter Harvey Nash rose after a trading update for the year to 31 January said results would be ahead of forecasts. The shares have doubled in just over a year but are still only worth about 10% of the price at which they peaked in the year 2000. Rival SThree slipped back slightly, ahead of its annual results, due on 7 February. This marks the start of the reporting season.
Recruiters will receive thousands of CVs and application forms during the first few months of 2007. But just how easy is it for employers to spot the genuine candidates from the fakers?
This seems high, even by David Brent standards.