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Human Holdings reports a tough half year

Human Holdings has announced its half year figures for the six months ended September 30 2013.

The group which has the specialist recruitment division Human Resocia reported net sales of &pound175.0m up by 7.2%. 

The company's operating income was down by a third on the previous period at &pound 3.1m. Ordinary income and net income were also down by almost a quarter as the company reported net income of &pound2.3m.

Despite these numbers Human Holdings which is listed on JASDAQ still believes that its net income for the year will be up by around 10% to &pound640k  on net sales of &pound366m.

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