Bond International falls into losses

5th Apr 2011 11:42

Recruitment software group Bond International Software fell into losses in 2010 as the effects of the previous year's downturn continued to be felt, but said that the market improved towards the end of the year.The firm recorded a pre-tax loss of £1.2m, against a profit of £217,000 the previous year. Revenues slipped to £28.3m from £29.9m."The downturn in trading conditions in the last quarter of 2009 carried right through 2010," the company said. "The staffing industry has now started to recover with most companies showing signs of growth last year but only recently have we seen confidence returning sufficiently for them to start making substantial investment decisions."RG