Friday 27 February 2009

Harvey Nash closes strong year, but ...

(By Anthony Miller – Friday, 27 Feb 2009 8:20am). In today’s trading update (see here), recruitment – and increasingly, offshore outsourcing – firm Harvey Nash looks like it made its numbers last year (to 31st Jan. ’09) but like almost all in the industry, is taking a dim view of FY10. As they expected, permanent recruitment (nearly 40% of the business) got hit badly in the latter half so management have downgraded their outlook on revenues and profit. I will be speaking to CEO Albert Ellis later and hope to bring you more afterwards.

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