ReThink Group expects increased revenues

Technology staffing specialist The ReThink Group expects revenues to be 27% up on the same period last year, according to a trading update on the six months ended 30 June 2011.

Technology staffing specialist The ReThink Group expects revenues to be 27% up on the same period last year, according to a trading update on the six months ended 30 June 2011.

The update reveals that revenues for the period are expected to be approximately 27% ahead of the corresponding period in 2010, while net fee income is predicted to be roughly 30% ahead of the corresponding period last year.

The update continues: “As a result of the acquisition of Berkley Recruitment Group, announced on 20 June, the full-year results will include roughly six months’ trading of Berkley Recruitment Group. Therefore, the directors of ReThink expect the full-year results of the enlarged ReThink Group to be significantly ahead of the market expectations for the ReThink Group before the acquisition of Berkley.”

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