Work Group to break even

THE owner of Manchester headhunter Armstrong Craven today reported that it expects its half year results to break even.

Work Group, listed on the AIM market, said it expects to report an operating break even position, before exceptional costs, for the six months to the end of June 2009.

The company added that it has continued to invest in its overseas businesses, and said the results were in line with management expectations.

Work Group said it has no debt and net cash at the half year of more than £1.4m.

It will announce its half year results on 22 September 2009.