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OPD Group PLC (OPD)

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Friday 17 October, 2008

OPD Group PLC

Interim Management Statement

RNS Number : 1022G
OPD Group PLC
17 October 2008
 



17 October 2008 


OPD Group 

Interim Management Statement 



OPD Group plc ('the Group'), the recruitment services business, is today issuing an Interim Management Statement covering the period from 1 July 2008 to 17 October 2008. 


Net Fee Income ('Gross Profit') for the quarter to 30 September 2008 was 8% below that achieved for the same period in 2007. 


The majority of the Group's operations are in the UK. The difficult economic conditions have led to the decline in income. The Group has therefore reduced costs and will continue to take whatever steps are appropriate.  


In light of recent trading the directors consider the profit for the year will be less than current market forecasts.






For further information contact: 



Francesca Robinson, Chief Executive Officer

Ian Moss, Finance Director     

OPD Group plc                              0207 970 9700

 

Simon Bloomfield    

Bankside Consultants                    0207 367 8861


This information is provided by RNS
The company news service from the London Stock Exchange
 
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