Rethink to journey east
MANCHESTER-based recruitment firm ReThink Group has said that it expects its pre-tax profits for 2010 to be in line with market expectations at around £900,000.
The AIM-listed company is due to announce its results for the year to December 31 in April, and said that it expects sales tp be “marginally” ahead of expectations.
It added that trading in its current year had started well, with permanent recruitment revenues ahead of expectations and a “positive start” from its IT consulting division, Aimi.
It added that its recruitment process outsourcing (RPO) offer is also progressing well, with a third major client expected to join Boots and M&S by signing a long term contract “in the near future”.
“We are also pleased with the development of the business in the Middle East and we expect to open a new office in Asia during H1 of 2011,” the company added.
