AGM Trading Update
A resilient performance in line with the Board's expectations
At today’s Annual General Meeting of Harvey Nash Group plc, the technology focused recruitment
and offshore services group, Julie Baddeley, will give the following trading update to shareholders:
“The Group has traded in line with the Board’s expectations in the first four months of the financial
year, under challenging conditions, achieving an 8% increase in gross profit compared with the same
period in the prior year (4% on a constant currency basis*).
“The directors are encouraged by this performance. While mindful of economic uncertainty
following the EU Referendum and an associated lack of visibility, we believe that Harvey Nash, with
its robust balance sheet and strategically defensive mix of contracting, offshoring and high
proportion of non-sterling earnings, is well placed to deliver further resilient performances through
* 2016 figures re-translated at 2015 rates.
** Continuing operations.
Albert Ellis (CEO) and Richard Ashcroft (CFO)
Tel: 020 7333 2635
Cat Valentine / Michael Sandler
Tel: 020 7796 4133