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InterQuest Group plcAGM Statement

InterQuest Group plcAGM Statement

InterQuest Group plc, the specialist recruitment group, held its Annual General Meeting yesterday. At the meeting InterQuest Chairman, Gary Ashworth, made the following statement:

"We are pleased to report that the Group's focused strategy on sectors of the market that the board of InterQuest believes will provide the Group with enhanced opportunities is progressing in line with management expectations.

The economic backdrop continues to be a challenge but the Company's investment in key niche and specialist disciplines is proving beneficial. Advances in real-time Business Information along with the continuous drive towards a Digital economy, provides demand for some of the Group's specialist recruitment activities as does the Group's focus on skills into the Analytics, Risk and Compliance sectors of the market. Demand in the Banking sector (Financial Markets), Public Sector and Retail appears to be stablising, providing some resilience in legacy markets. Our investment in Singapore is developing as planned and whilst the region remains challenging our experienced local team is continuing to build out our presence in this market as planned.

Overall our focus on difficult to fill roles and critical hires that provide specific value to our customer's programmes and projects is one that helps to differentiate InterQuest and I am remain confident in the opportunities that exist for the Group"

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