News blog

ReThink Group

• BY: Andrew Hore |
• POSTED: 28/01/2014 |

Recruitment services provider ReThink Group says that its continuing operations grew strongly in the second half of 2013. 

Net fee income from continuing operations rose 7% to £19.4m. Most of that growth came in the second half. There was growth in permanent recruitment and a strong performance in the contracting business. At the end of last year, ReThink sold its technology services division to its management. Interim profit from continuing operations had improved from £421,000 to £683,000.

At 7.38p a share, down 0.38p, ReThink is valued at £8.6m.

The 2013 results will be published on 8 April.

ReThink is in bid talks with fellow Aim-quoted recruitment company Nakama.

Download the latest AIM Journal from http://wwww.hubinvest.com/AIMPDFJanuary2014_52.pdf