Pinnacle trading meets expectations

Money

Money

Healthcare recruiter Pinnacle’s trading has been in line with the group’s expectations, according to a trading update ahead of interim results on 24 September.

Results for the six-month period to 5 July 2009 are expected to show turnover slightly down on the same period last year at approximately £19.3m, a pre-tax loss of roughly £425,000 and in line with the board’s expectations.

However, the group predicts a higher level of turnover in the second half of the year as well as a small profit for the year as a whole.

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