IT and digital media recruitment firm Nakama Group says that investment in the business means that profit for 2011 will fall short of expectations.
Candidates are showing more caution when it comes to changing jobs. Even so, Nakama is in a good position to grow during 2012. Demand is strengthening in the digital media and insurance sectors.
Nakama was formerly known as Highams Systems Services and the enlarged group was formed when Nakama reversed into Highams last October. The integration is almost complete.
Nakama is opening a new executive search business for the digital media sector. A new office is being opened in Singapore. Further offices in the Middle East and Asia are being considered.
At 3.25p a share, Nakama is valued at £3.83m.
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