CPL jumps on optimistic earnings forecasts



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By Geoff Percival

The shares of the CPL Resources recruiting group jumped more than 4%, suggesting earnings growth of about 15% in full-year terms.

The group is expected to publish the annual results for the 12 months up to the end of June, 11 September. In a brief update, CPL stated that pre – tax profits for the year should be "in line with market expectations". Rossley said this would imply earnings growth of 15% for the year.

"Achieving this in the context of a challenging UK healthcare environment highlights the adaptability of the business, while a" we are particularly encouraged by the strong Interim performance, as it demonstrates CPL's ability to capitalize on a changing market by corporate clients and "Current market conditions are favorable with strong demand for talent and low rates unemployment in key markets, "said Harvey.

However, he said that he remained aware of the impact of political, regulatory and economic events at the global level.

"To balance these dynamics, and aware that the company has a good momentum from 2018, we expect (2% to 3%) of our pre-tax earnings forecast for fiscal 2019, who spend from 19.2 M € to about 19.7 M €, "said Mr. Harvey.

CPL published a turnover, a profit and a profit share growth halfway from its past financial year

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