TIDMHYDG

RNS Number : 9107Z

Hydrogen Group PLC

23 May 2019

Hydrogen Group plc ("Hydrogen", the "Group")

AGM statement

Hydrogen Group, the global specialist recruitment group, will hold its Annual General Meeting at 10.00am today, Thursday 23 May 2019, at 30 Eastcheap, London, EC3M 1HD, where Non-Executive Chairman, Stephen Puckett, will provide the following update on current trading:

"The Group performed strongly during 2018, with growth in Net Fee Income, market share and profitability in each of its regions.

"The Group continues to grow and trade in line with management's expectations. The Group has experienced continued strong growth in the US. This has been partially offset by weaker trading conditions in parts of the Group's APAC operations. In EMEA, trading has been stable with the UK, which is the main contributor, impacted by Brexit related uncertainty dampening demand for certain skill sets. The diversity of the Group's global operations by geography and niche sectors has enabled it to sustain growth, giving the Board confidence for 2019, and I look forward to providing a further trading update in July."

Enquiries:

   Hydrogen Group plc                                                       020 7090 7702

Ian Temple, CEO

John Hunter, COO & CFO

   Shore Capital (NOMAD and Joint Broker)             020 7468 7904

Edward Mansfield / James Thomas

   Whitman Howard Limited (Joint Broker)              020 7659 1234

Hugh Rich

Notes to Editors:

Hydrogen Group's mission is to empower people's careers whilst powering businesses by providing their key people from a proven global platform with clients' in over 50 countries. We deliver by building market leading specialist teams that develop a deep understanding of candidate and clients' needs and developing solutions.

http://www.hydrogengroup.com

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END

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May 23, 2019 02:00 ET (06:00 GMT)

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