Empresaria Group PLC Trading Update (6843L)
July 21 2017 - 1:00AM
UK Regulatory
TIDMEMR
RNS Number : 6843L
Empresaria Group PLC
21 July 2017
21 July 2017
Empresaria Group plc ("Empresaria" or the "Group")
Trading Update and Notice of Results
Record H1 performance
Empresaria (AIM: EMR), the international specialist staffing
group, is pleased to provide a trading update ahead of announcing
its interim results on Tuesday 22 August 2017.
Empresaria has delivered a record first half performance, with
net fee income up approximately 26% on the comparable H1 2016
period, with the strongest trading in the UK, Continental Europe
and Asia Pacific regions. As such, the Board confirms that the
Group remains on course to meet market expectations for the full
year.
In line with the Group's strategy to invest in its leading
brands, Empresaria has invested in new staff and is bringing
together certain brands. The benefits of both are expected to be
demonstrated over the coming period.
Empresaria's recent investments in Rishworth Aviation and ConSol
Partners have been integrated into the Group and the Board is
pleased with their contributions to date. In Rishworth Aviation,
the Group has invested in setting up new bases for key clients that
are expected to deliver growth in terms of pilot recruitment in the
coming years. At ConSol Partners, the Group has invested in the US
office which the Board expects will benefit the business in the
second half of the year.
Joost Kreulen, Chief Executive of Empresaria, said:
"Empresaria has delivered strong growth in net fee income in the
first half year, which is testament to our strategy of building a
multi-branded group that is diversified and balanced by geography
and sector.
"We are focused on ensuring that our Group is best positioned
for the future, particularly given the political uncertainty in
various markets. In light of this we have continued to strengthen
our brands and progress initiatives to deliver savings.
"We have a clear strategy to develop leading specialist brands
with sector expertise and we continue to look for further
investment opportunities. With our diversified business and mix of
service lines, we are confident in our ability to deliver
profitable growth."
Enquiries:
Empresaria Group plc via Redleaf
Joost Kreulen, Chief Executive Officer
Spencer Wreford, Group Finance Director
Arden Partners (Nominated Adviser
and Broker)
John Llewellyn-Lloyd / Steve Douglas
/ Ciaran Walsh 020 7614 5900
Redleaf Communications (Financial 020 7382 4730
PR) empresaria@redleafpr.com
Elisabeth Cowell / David Ison /
Sam Modlin
Notes for editors:
-- Empresaria Group plc is an international specialist staffing
group with 21 brands operating in 19 countries across the globe
including UK, Germany, Japan, India, UAE, Indonesia, Chile,
Australia, Thailand, Singapore, Finland, USA, New Zealand, China,
Malaysia and the Philippines.
-- Empresaria offers temporary/contract and permanent staffing
solutions as well as Offshore Recruitment Services in seven key
sectors including Technical & Industrial, Aviation services, IT
& Design, Professional services, Healthcare, Executive search
and Retail.
-- Empresaria applies a multi brand, management equity
philosophy and business model, with group company management teams
holding significant equity in their own business.
-- Empresaria is listed on AIM under ticker EMR. For more
information: empresaria.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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