Hydrogen Group maintains profit expectations amid trading headwinds
16th Jan 2020 11:51
(Sharecast News) - Specialist recruitment company Hydrogen Group updated the market on its trading for the year ended 31 December on Thursday, reiterating that trading conditions were adversely impacted in the UK by both political uncertainty and the impact of the proposed changes to the IR35 legislation on clients' contract hiring plans.
Read moreHydrogen Group shares climb following interim profit growth
3rd Sep 2019 12:25
(Sharecast News) - Shares in Hydrogen Group climbed on Tuesday after interim profits before tax and net fee income increased, though lower demand for contractors in the UK led to falling revenues.
Read moreHydrogen Group's profits climb following international growth
2nd Apr 2019 09:07
(Sharecast News) - Hydrogen Group's shares climbed on Tuesday after a jump in revenues and Net Fee Income saw the company swing to an annual profit.
Read moreHydrogen Group signs extension as supplier to major bank
12th Mar 2019 16:56
(Sharecast News) - Specialist recruitment company Hydrogen Group announced on Tuesday that it has signed an extension for a further five years as a supplier of 'change management staff' to an unnamed FTSE 100 retail bank.
Read moreHydrogen reaps cash as profits top expectations
25th Jan 2019 08:26
(Sharecast News) - Recruitment outfit Hydrogen Group continued to trade "robustly" towards the end of its financial year, with profit now set to come in ahead of market expectations.
Read moreHydrogen Group soars as full year revenues set to smash expectations
18th Sep 2018 10:15
(Sharecast News) - Hydrogen Group saw its shares rocket on Tuesday after a strong increase in the firm's first half revenue saw the return of an interim dividend payment and increased group expectations.
Read moreDirector dealings: Hydrogen pair see value as growth returns
16th Nov 2016 14:25
(ShareCast News) - Hydrogen Group's chairman and a fellow director have scooped up some shares in the AIM-listed recruiter, which sit not far from the seven-year lows reached in the summer. Chairman Stephen Puckett spent £120,000 at a price of 30p and non-executive Richard Green around £50,000 at th
Read moreHydrogen Group tumbles as interim loss widens, dividend scrapped
15th Sep 2015 10:30
(ShareCast News) - Hydrogen Group tumbled after posting a wider interim loss as net fee income slid and the company ditched its dividend. The recruitment company posted a pre-tax loss of 1.9m from £1.1m in the first half of last year as net fee income declined 30.8% to £10.1m amid a downturn in the
Read moreHydrogen Group on track to meet FY expectations after cutting costs
20th Jan 2015 17:09
Recruitment group Hydrogen Group said it was on track to meet full-year expectations, after reporting an improved trading improvement for the second half of the year. Fee income fell in the second half, but cost reductions and a focus on the firm's core operations ensured an improved performance ove
Read moreHydrogen CEO shows confidence in restructuring
17th Sep 2014 15:51
The day after recruiter Hydrogen Group published interim results, chief executive Tim Smeaton dipped into the market to top up his holding with 35,000 ordinary shares at a price of 88p. The £30,800 purchase took Smeaton's beneficial interest in the company to just over 12%. Tuesday's results were n
Read moreIntu Properties Deputy Chairman continues to build stake
21st Mar 2013 15:38
John Whittaker, the Deputy Chairman of Intu Properties, has continued to show his support for the company after it was relegated to the FTSE 250 by boosting his stake in the group to 20 per cent. In two separate transactions the well-known property mogul purchased 600,000 shares worth £1.98m and t
Read moreThursday Broker round-up UPDATE
15th Nov 2012 07:21
AMEC: Nomura raises target price from 1240p to 1340p, buy rating remains unchanged. Barclays Capital reduces target price from 1350p to 1320p, underweight rating kept. Atkins (WS): Investec reduces target price from 727p to 700p, hold recommendation maintained. Barr AG: UBS raises target price fro
Read moreEconomy remains challenging for Hydrogen
10th Sep 2012 09:04
Specialist recruitment firm Hydrogen reported a slight rise in first half profit thanks to robust performances from its international operations and its Technical & Scientific practices but it expects the overall economic backdrop to remain challenging. Net fee income rose to £15.6m in the six mont
Read moreHydrogen rises on strong 2011
5th Mar 2012 10:04
Hydrogen, the specialist recruitment firm, has seen revenues and profits grow on the back of strong performances from its pharmaceuticals and oil and gas divisions. Group revenue increased by 27% to £156.2m (2010: £123.4m) while net fee income (NFI) rose 8% to £29.8m, a record for Hydrogen. The c
Read moreHydrogen's results should be a gas
9th Jan 2012 10:33
There has been a spate of profit warnings among recruitment firms recently but Hydrogen bucked the trend, saying profit before tax for 2011 will come in at the top end of analysts' forecasts. The group has delivered a 9% increase in Net Fee Income (NFI)compared to 2010, with the year-end figure lik
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