Imprint Search and Selection has announced losses in line with expectations, in interim results published last week.

Shares in the company began trading on 23 May this year on the Alternative Investment Market.

Results for the seven months to June 2001 showed pre-tax losses of £583,184, including pre-trading costs £363,134, giving a trading loss of £221,050.

Chairman Pierce Casey said: 'The current challenging market in recruitment confirms our belief in the merits of developing Imprint as branded, multi-disciplined search and selection business. The board believes that it will be able to fully exploit the inevitable upturn before it emerges.'

The company, which recruits in commercial finance, financial services and marketing, has also announced the appointment of experienced chartered accountant John Hunter as finance director.