Business
Half-yearly Report
Half-yearly Report.
About this update from Roebuck Food Group Plc
[{"type":"text","content":"\n \n RDF Group PLC \n\n (\"RDF\" or \"the Group\") \n\n Interim Results \n\nRDF Group plc (AIM: RFG), the I.T. services group, with offices in Brighton,\nBristol, Edinburgh and London, today announces its unaudited interim results\nfor the six months to 30 September 2007.\n\nKey Points\n\n * Group revenues increased 38% to £14.735 million (2006: £10.644 million)\n \n * Operating profit before depreciation, amortisation of intangible assets and\n exceptional items of £0.336 million (2006: £0.800 million)\n \n * Operating profit of £0.136 million (2006: £0.643m)\n \n * Profit before tax of £0.044 million (2006: £0.603 million)\n \n * Basic earnings per share of 0.19 pence (2006: 3.94 pence)\n \n * Following the acquisition of Aqua Resources Group Limited, the Group's\n Temporary Staffing and Permanent Recruitment has performed well, increasing\n income by 91% to £7.775m (2006: £4.080m)\n \n * Profits before tax have fallen as a result of increased costs and reduced\n margins required in order to build the Group's profile as a niche I.T.\n services group\n \nCommenting on the results, Chief Executive David Wood said:\n\n\"The performance of the IT Recruitment business has, as predicted, developed\nstrongly over the past six months. The need for investment in the Managed\nSoftware business has, however, resulted in an overall reduction in the Group's\nprofitability in the period compared to last year.\n\nSubject to the continued uncertainty in the Financial Services sector, the\nGroup expects to see an improvement in the results for the second half compared\nto the results for the period to 30 September 2007.\"\n\nFor further information, please contact:\n\nRDF Group plc David Wood 01273 200100 \n \nSmith & Williamson Corporate Azhic Basirov/Siobhan 020 7131 4000 \nFinance Sergeant \n\nEditor's Notes\n\nFounded in 1994, RDF Group plc is a company dedicated to providing high quality\nmanaged IT services and recruitment services to their growing portfolio of both\nlocal businesses and blue chip clients. From a standing start, the company\ncurrently has a turnover in excess of £22 million. RDF currently has a staff of\nover 300 across the UK, including 120 in Brighton.\n\nRDF also provides IT recruitment services for high value contract and permanent\nstaff for clients. Clients include Northern Rock, National Australia ...