Hydrogen profits to exceed market expectations

International recruiter Hydrogen says it expects operating profit for the coming year ending 31 December 2010 to be ahead of market expectations in a trading update.

International recruiter Hydrogen says it expects operating profit for the coming year ending 31 December 2010 to be ahead of market expectations in a trading update.

The update adds: “Driven by growth in the UK financial services market and particularly strong performances internationally, the board expects that operating profit for the year ended 31 December 2010 will be ahead of market expectations.

“We remain cautiously optimistic in our outlook for the remainder of 2010 on the basis of the on-going economic uncertainty which continues to affect some of our markets. The board will continue to maintain a tight control over costs going forward whilst still investing selectively in the business where we see growth opportunities.”  

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