REG-Matchtech Group PLC Trading Statement

Released : 26/07/07 06:01

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RNS Number:8724A 
Matchtech Group PLC 
26 July 2007 
 
 
26 July 2007 
 
 
                              Matchtech Group plc 
 
                                 Trading Update 
 
Matchtech Group plc ("Matchtech" or the "Group"), one of the UK's leaders in 
specialist technical recruitment , is pleased to provide a trading update for 
the year ending 31 July 2007. The Group plans to release its preliminary results 
on 16 October 2007. 
 
The Board is pleased with the Group's performance in the year, reflecting 
continuing positive trading conditions across each of the Group's three sectors: 
Engineering, Built Environment and Support Services. 
 
Net Fee Income for the first eleven months of the year is over 27% ahead of the 
same period last year, driven by robust demand for both contract and permanent 
staff. Particularly strong demand for permanent staff has seen a slight change 
in the business mix, with permanent fees in the year to date accounting for 31% 
of Net Fee Income (2006: 29%). Over the last few months the Group has 
successfully recruited 30 graduates to support the continued growth of our 
business. 
 
Based on the above, the Group's continuing focus on operating costs and its 
single site operating model, the Board is confident that the results for the 
full year will come in at the upper end of its expectations. 
 
 
For further information please contact: 
 
Matchtech Group plc                                           01489 898989 
George Materna, Chairman 
Adrian Gunn, Group Managing Director 
Tony Dyer, Group Finance Director 
 
Hogarth Partnership                                           020 7357 9477 
John Olsen / James Longfield / Fiona Noblet 
 
Arbuthnot Securities                                          020 7012 2000 
Andrew Fullerton/ Ian Williams 
 
 
Background on Matchtech 
 
Matchtech specialises in the provision of contract and permanent staff in the 
Engineering, Built Environment and Support Services sectors across the UK. 
 
It was established in 1984 and has grown organically to become one of the UK's 
leading technical and engineering recruitment specialists and one of the UK's 20 
largest recruitment companies (Source: Recruitment International Top 100 Report 
- August 2006). 
 
Operating from a single site near Southampton, Matchtech provides predominantly 
professionally-qualified candidates to clients in a broad range of industries 
including oil and petrochemicals, marine, aerospace, automotive, water, 
electronics, civil engineering, building structures and transport 
infrastructure. It structures its business across three main sectors: 
Engineering, Built Environment and Support Services. 
 
Matchtech Group plc floated on AIM in October 2006. 
 
 
                      This information is provided by RNS 
            The company news service from the London Stock Exchange 
 
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