First-half earnings at Dublin-quoted recruitment specialist CPL are set to meet market expectations, the company said yesterday.
In a statement issued at its annual general meeting in Dublin, the company said it had continued to perform well since the end of its financial year on June 30th.
It added that there was continuing strong demand for permanent, temporary and contract workers, and that the board believed its results for the six months ending on December 31st would be in line with market expectations.
CPL also said that the businesses it had bought during the year, including a 75 per cent share of a Czech company, Key6 Business Solutions, had been successfully integrated into the group.
Following the meeting, chief executive Anne Heraty, the 2007 Ernst & Young Entrepreneur of the Year, said the big story for the company was its expansion into central Europe. The Key6 purchase gave it a presence in Prague, the capital of the Czech Republic, and Bratislava, the capital of Slovakia.
The company also announced that non-executive director and Sharptext founder Pat Garvey was stepping down. Chairman John Hennessy paid tribute to Mr Garvey and thanked him for his service on the board. Mr Garvey joined as a director when the company floated in 1999.
