OPD Group Announcements

Interim Management Statement

17 October 2008 11:38:49



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 RNSThe company news service from the London Stock Exchange  END  IMSUBORRWBRRAAA

All data suppied by Digital Look (15 minute delay)




Risk Warning

There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.

The information contained above has been compiled from documented sources which are believed to be reliable but, due to their very nature, are subject to a degree of historical inaccuracy and have not been independently verified and cannot be guaranteed. The pages on this website are provided for information only. City Equities Limited will not accept responsibility for loss incurred by any person or body acting, or refraining from acting, as a result of information and/or opinions given anywhere on this website. Issued by City Equities Limited, Aldermary House, 10-15 Queen Street, London, EC4N 1TY. Registered in England. Registered No. 2742847. Registered Address: Amwell House, 19 Amwell Street, Hoddeson, Herts. EN11 8TS. City Equities Limited is Authorised and regulated by the Financial Services Authority. Registration No. 155051.