Pinnacle has reported its first set of results since demerging from Nestor Healthcare.

Turnover for the period 5 September to 31 December was £18m. There is no comparable figure for a year earlier. Pre-tax profit was £365,000.

Julie Greenwood, chief executive, said: “I am pleased with the progress Pinnacle has made since demerger. The results presented here benefited from the fact that healthcare staffing is a seasonally driven business with demand favouring the latter part of the year.”