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InterQuest Group

  • BY: Andrew Hore |
  • POSTED: 04/02/2011 |

IT staff recruiter InterQuest Group says that trading was in line with expectations in 2010.

Growth in financial services and other parts of the private sector has offset a downturn in public sector revenues. These trading patterns have continued into 2011.

House broker FinnCap forecasts a rise in profit from £2.8m to £3.7m, but that is still lower than the £4.8m achieved in 2008.

At 62.5p a share, up 1p, InterQuest is valued at £19.4m. The shares are trading on less than eight times estimated 2010 earnings.

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