Harvey Nash says 8% revenue increase for half year is expected
The Group's performance in the UK, Ireland and USA was robust with growth in demand for recruitment continuing. Asia also performed well. In mainland Europe contracting activity was strong, offsetting subdued demand for permanent recruitment, particularly in Germany.
Revenue for the period is expected to increase by 8% (12% on a constant currency basis*) to circa £356m (H1 2013: £329m) and gross profit by 1% (6% on a constant currency basis*) to circa £43.6m (H1 2013: £43.1m).
Operating profit for the period is expected to be ahead of the comparable period in 2013 by circa 5% (circa 11% on a constant currency basis*) and adjusted profit before taxation by circa 5% (circa 12% on a constant currency basis*).
The interim results for the six months ended 31 July 2014 will be announced on Tuesday 30 September 2014.
* 2014 figures re-translated at 2013 rates