RNS Announcements
Interim Results
16 September 2008
The ReThink Group plc(“ReThink Group” or “the Group”)
Interim Results for the six months ended 30 June 2008
Set for further growth for the full year
The Board of The ReThink Group plc, one of the UK’s fastest growing recruitment and technology services businesses, is pleased to announce its unaudited interim results for the six months ended 30 June 2008.
Financial Highlights
- Continued growth in revenue up 63.3% to £20.9m (2007: £12.8m)
- Gross profit increased to £6.7m (2007: £3.5m)
- Operating profit of £592k (2007: £697k) before exceptional listing costs in line with Board expectations.
- Exceptional listing costs of £409k (2007: £nil) from move onto AIM in June 2008.
- Basic earnings per share 0.05p (2007: 0.7p).
- Continued growth in IT recruitment services in the first half.
- Continued strong performance in Technology Services division.
- In construction services revenues lower and costs higher than anticipated
- Overall increase in staff numbers to 157 (2007: 122). Staff numbers in construction services now reduced from 25 to 10.
To view the full RNS announcement, please click the following link.
http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1958724&source=RNS
16 September 2008
