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Gattaca PLC - Hampshire, England-based engineering and technology recruitment firm - Expects revenue, less contractor payroll costs, to grow 4% year-on-year to July 31 to £44.0 million from £42.1 million. Notes Contract revenue was down about 3% due to three client losses in the first half, but saw strong demand for permanent recruitment within the UK, which was up 33%, driven by particularly strong demand in the mobility market and professional skills.
Expects to report full-year results on November 3.
Chief Executive Matthew Wragg ‘pleased’ with performance in second half.
‘We are mindful of the current macro-economic conditions as we continue to see robust demand in our key markets. There remains a shortage of candidates which plays to our key strength of deep knowledge and understanding of our sectors and niche STEM skills. We remain confident that the long-term fundamentals in our core STEM markets provide an exciting future for the business as it returns to growth,’ he adds.
Current stock price: 76.80 pence, up 5.9% on Wednesday
12-month change: down 66%
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