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Friday 16 October, 2009

OPD Group PLC

Interim Management Statement

RNS Number : 9430A
OPD Group PLC
16 October 2009
 



                                                                                                                                                         16 October 2009 

                                                                                            OPD Group
                                                                            
Interim Management Statement

OPD Group plc {"the Group"), the recruitment services organisation, is today issuing an Interim Management Statement 
for the third quarter of 2009.

Net fee income for the quarter was £16.7m, 27% down on that achieved in the equivalent period of 2008. Trading conditions 
remain challenging in the majority of the markets in which the Group
operates,

In the half year report the Board commented that it was considering either raising additional funds through a rights issue or through 
disposal of part of the equity in its operating subsidiaries to their 
management. Discussions with the management of the operating 
subsidiaries regarding the sale 
of part of these businesses are ongoing.

For further information contact:

Ian Moss, Finance Director    Tel: 0207 970 9700

OPD Group plc


This information is provided by RNS
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