Business
Amendment to Final Results
Amendment to Final Results.
About this update from Gattaca Plc
[{"type":"text","content":"\n Matchtech Group PLC\n16 October 2007\n\n\n\nIn the Final Results announcement for the year ended 31 July 2007 issued this\nmorning, 16 October 2007, under RNS No 7592F, the record date for payment of the\nfinal dividend was given as 7 November 2007. The record date should have read 9\nNovember 2007.\n\n\nThe full announcement, including the correction, is reproduced below.\n\n\n16 October 2007\n \n Matchtech Group plc\n\n Preliminary Results for the year ended 31 July 2007\n\n\nMatchtech Group plc ('Matchtech' or the 'Group'), one of the UK's leading\nspecialist technical recruitment companies, is pleased to announce its maiden\nresults for the year ended 31 July 2007, following its Admission to AIM in\nOctober 2006.\n\n\nFinancial Highlights\n\n\n • Turnover £202.8m (2006: £156.7m)* up 29%\n • Net fee income £26.9m (2006: £20.8m)* up 29%\n • Operating profit £11.3m (2006: £8.2m)* up 38%\n • Profit before tax to £10.5m (2006: £7.7m)* up 36%\n • Basic earnings per share of 36.02p (2006: 26.31p)* up 37%\n • Reported PBT of £9.9m (£2006: 7.8m) up 27%\n • Basic reported EPS of 33.47p (2006: 26.31p) up 27%\n • Maiden final dividend of 9.3p per share making total of 13.7p per share\n for the year\n\n\n* 2006 and 2007 results exclude the sales and profits from the US business sold\non 31 August 2006 as well as the non-recurring costs of the IPO\n\n\nOperating Highlights\n\n\n • Strong organic growth across all sectors\n • Results reflect continuing strong demand for permanent placements\n • 39% increase in permanent and 23% increase in contract recruitment fees\n • Placed over 2,100 candidates into permanent jobs and filled 6,300\n contract/temp assignments in the year\n • Major Master Vendor contract secured with Mouchel Parkman\n • Successful Admission to AIM in October 2006\n\n\n\nCommenting on the results, George Materna, Chairman of Matchtech said:\n\n\n'Matchtech has continued to perform very well over the year and delivered\nanother excellent set of results. These are our first full results since our\nlisting on AIM in October 2006 and I am delighted that our new shareholders are\nable to share in the continuing success of the Group.\n\n\n\n'The outlook in our marketplace continues to be positive. Labour demand across\nall our sectors remains healthy and this looks set to continue for the...