Harvey Nash announces gross profit increase
At the Annual General Meeting to be held later today, the Chairman, Julie Baddeley, will make the following comments:
"In the first four months of the current financial year, to 31 May 2015, overall gross profit was 4% higher than the same period in the previous year (8% on a constant currency basis*) and operating profit was 1% higher (9% on a constant currency basis*).
Sterling remains strong in relation to the Euro and Nordic currencies and this is expected to continue to impact the current year's reported growth rates. Despite this, the Board is encouraged that for the period to 31 May 2015 the Group's trading results were in line with its expectations."