FINANCIALS: Hydrogen Group performs in line with expectations
Hydrogen Group is performing in line with current market expectations, according to a statement released ahead of the global recruiter’s annual general meeting today.
Non-executive chairman Stephen Puckett described 2017 as a “significant” year in the statement, adding the June 2017 acquisition of middle management recruiter Argyll Scott and its integration is now largely complete.
A minority interest share scheme for leaders within the business has also boosted the profitability of niche businesses within the group. Hydrogen reports its performance gives management confidence that it can achieve growth consistent with current market expectations for this year.
A further trading update is due to be released in July.
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