News -
6th September 2011 - The results reflected a strong H1 with PBT up 65%. Despite recent share price relative outperformance to its peers, the stock remains at a discount of 11% to the smallcap recruitment companies and a yield premium of 6%. We retain our Buy recommendation.
The Board of Hydrogen Group Plc (“Hydrogen” or “the Group”), the specialist international recruitment Group, is pleased to announce its unaudited interim results for the six months ended 30 June 2011.
6th September 2011 - Profits at international recruitment group Hydrogen rose by 64 per cent in the six months to the end of June, the company said yesterday, as revenues increased by 45 per cent to £80m. Profits before tax were £1.8m and net fee income hit £15.1m. “The profit increase was driven purely by increasing revenues, with no cost cutting,” chief executive Tim Smeaton told City A.M. “Duri