The Impellam Group has continued to see improved operating performance resulting in a fall in net debt, according to a trading update.

On 6 August the group announced net debt had decreased by £30.4m to £39.2m as at 2 July 2010 due to “significant” cash generation for the period.

Since the interim period end, the group says it has continued to see improved operating performance consistent with the trends experienced during the first half of the year and net debt stands at £28.5m as of 1 October 2010.

Cheryl Jones, chairman, says: “For the trading period following the group’s half year end, the company has seen operating performance improvement consistent with that experienced during the first half of the year.”