HR consultancy Saville Group has announced ‘extremely buoyant’ results for the year ended 30 June 2009.

The group has ended the year with a strengthened balance sheet and net cash and investments of over £3m (equivalent to 20.5p per share) and no debt.

The board has also decided to restore dividend payments in respect of the year to 30 June 2009 and expects to recommend a dividend of at least 2p per share.

The firm expects to release its results for the year ended 30 June 2009 on 22 September 2009 when it will provide a further trading update.

Jonathan Cohen, executive chairman of the Saville Group, says: “Our strong performance demonstrates the continued successful combination of our three distinct brands under the Savile Group investment banner.

“In recent months, we have taken further steps to expand the Group’s UK footprint as well as strengthening our new business development effort with the appointment of a team responsible for developing and coordinating new business leads.”