Skills shortages drive unprecedented demand for contract staff, says Matchtech chairman

In a trading update at Matchtech Group’s annual general meeting held in London today, Matchtech chairman George Materna said: “Skill shortages are driving unprecedented demand for contract staff in our markets.”
Fri, 16 Nov 2012

In a trading update at Matchtech Group’s annual general meeting held in London today, Matchtech chairman George Materna said: “Skill shortages are driving unprecedented demand for contract staff in our markets.” 

He said the group has “continued to perform in line with the board's expectations, with net fee income (NFI) for the quarter (Q1) to 31 October 2012 of £9.5m, at similar levels to the last quarter (Q4) and up 10% compared with the same period in the previous financial year.

“Contract NFI was £6.7m, up 16% on the same period last financial year, with contractors on assignment at 31 October 2012 up 2% on 31 July 2012. Permanent fees in Q1 were £2.8m, at similar levels to the same period last financial year and the last quarter.”


Materna went on to say that the company was well positioned “for continued growth by supplying global clients working on large, multi-year infrastructure projects in the UK and overseas”.

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