Recruitment services provider RTC Group says that its 2013 pre-tax profit will be better than expected.
The RTC share price increased by more than one-third to 20.5p, which values the company at £27.6m.
Revenues were in line with expectations but there was an improvement in gross margin. Admin expenses have been kept in check.
Interim revenues rose 14% to £23.4m, while pre-tax profit fell from £201,000 to £5,000. Gross margin declined in the first half so there was a recovery in the second half.
RTC is involved in recruitment for engineering, rail and international markets.
The 2013 figures will be published on 19 March.
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