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Northern Recruitment

Article Abstract:

Northern Recruitment Group (NRG) has issued two upgrades for its profit forecast, but the company's stock price has dropped since the company issued interim results. The company reported a rise in profit of 37% to 1 million pounds sterling for the half year to Dec 1997. NRG should achieve a profit of 2.4 million pounds for 1997 to 1998. The company is based in Newcastle, England, with two thirds of the major 200 companies in the region as its clients. The company has acquired KFJ Holdings which has given it exposure to Scotland.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
Northern Recruitment

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Better counsel

Article Abstract:

Penna provides career counselling for redundant managers through Sanders and Sidney, and has acquired BBM, a recruiter for financial services staff. The company aims to develop specialist recruitment services, Sanders and Sidney, and a third activity which has yet to be specified. The company reported a profit of 2.26 million pounds sterling for 1996 with some 67% of this accounted for by Sanders and Sidney. A profit of 4 million pounds is forecast for 1997 to 1998 by Wise Speke.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
Penna PLC

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Subjects list: Management, Employment services
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