Hydrogen : Trading Statement

Trading Statement

Released : 06 Nov 2018 07:00

RNS Number : 4052G Hydrogen Group PLC 06 November 2018

Hydrogen Group plc ("Hydrogen Group", the "Group")

Trading Update and

Investor Event

Hydrogen Group, the global specialist recruitment group, is pleased to provide the following update on trading.

The Board reported in its Interim Statement that the Group was trading well and had a strong pipeline of business moving into the fourth quarter of 2018. The Board is now pleased to report that trading has remained robust across the Group with all regions outperforming FY 2017. As a result, the Board now expect its profits for the full year to be ahead of current market expectations. Furthermore, the Group's balance sheet has continued to strengthen as profit has been converted to net cash.

Hydrogen Group will be hosting an investor event for analysts and investors at its London offices on Tuesday 4 December 2018.

Enquiries:

Hydrogen Group plc 020 7090 7702

Ian Temple CEO

John Hunter COO & CFO

Shore Capital (NOMAD and Joint Broker) 020 7468 7904

Edward Mansfield / James Thomas

Whitman Howard (Joint Broker) 020 7659 1234

Hugh Rich

Notes to the editor

Hydrogen Group is a group of specialist recruitment and people solutions businesses with a proven global platform with clients' in over 50 countries. We deliver by building market leading niche specialist teams that develop a deep understanding of candidate and clients' needs and developing solutions.

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