Interim management and executive search recruiter Hexagon Human Capital has issued an optimistic trading statement despite current economic uncertainties. Speaking at the company’s AGM, Rob Walker, chairman of Hexagon Human Capital, said: “Despite the broader economic turmoil the company has continued to trade strongly during the first half of the financial year. Trading performance is in line with expectations, with further growth in revenues and trading profits in both our market- leading interim management business and our portfolio of specialist search businesses. We have a healthy pipeline of assignments across all our businesses and, whilst mindful of current economic and financial market conditions, we remain cautiously optimistic about trading for the remainder of the financial year to 31 March 2009.
 
“The group’s balanced portfolio of businesses in senior interim management and executive search has, in the board’s opinion, provided a strong defensive position in the face of a reduction in new jobs in the general economy. The group’s operations are not overly dependent on any single sector. The recent expansion into new geographies, such as Dubai and the US and our growth in sectors such as the life sciences market in Continental Europe, have provided further defensive strength.

“Our client requirement levels have remained robust through the summer and the number of new transactions have been consistent with the same period last year.”