FINANCIALS: Work Group down in tough conditions

Recruitment and talent services company Work Group saw net fee income and profit fall in the year 2012 against 2011 figures.
Fri, 12 Apr 2013Recruitment and talent services company Work Group saw net fee income and profit fall in the year 2012 against 2011 figures.

Representing nearly two-thirds of the group, advertising and communications business Work Communications saw a 13% slip in fees, with operating profit before exceptional costs down from £182k to £68k.

The other third of the group, search, research and talent management consultancy Armstrong Craven saw an 8% decline in fees, with operating profit adjusted for exceptional costs down from £934k to £266k.

The company’s final results are available on the Work Group website.

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