Empresaria Group PLC
05 July 2006
Empresaria Group plc - AGM Statement
5th July 2006
At the Annual General Meeting of Empresaria Group plc ('Empresaria' or the '
Group') held at 12.30pm today, Empresaria provided the following update:
The Group has enjoyed a good first five months trading and the Board is
confident about meeting investors' full year expectations. As in previous
years, the Group is expected to generate the majority of its profits in the
second half of the year due to the seasonality of a number of the Group's
businesses and in line with industry trends.
The Group continues to focus on the development of its overseas operations to
gain access to high growth international markets and to create a stable
operating base to manage economic and market fluctuations in any one country.
Through sector and geographic diversification the Group continues its progress
in developing a broadly spread international specialist staffing company.
Senior Management Appointment
The Group today announces that Armin Preisig has agreed to join the Empresaria
senior management team. Armin was until April this year a member of the Vedior
Board of Management and responsible for many of Vedior's European markets, in
particular Spain, Italy, Portugal, Germany, Poland, Switzerland and Scandinavia.
Prior to this he acted in a similar capacity for Select Appointments
Armin's role will initially be to identify and help complete investments in
mainland Europe with a view to moving to a combined operations and development
role over the coming months.
For further enquiries please contact:
Empresaria Group Plc
01293 649 900
Tony Martin (Chairman)
Miles Hunt (Chief Executive)
Nick Hall-Palmer (Finance Director)
Paul Hewlett 020 7003 3000
Notes for editors:
Empresaria Group plc is an international specialist staffing group built on a
philosophy of management equity.
Empresaria was formed in 1996 by Miles Hunt and consists of 26 staffing
companies. Its business model allows founder managers and key staff within
Empresaria's subsidiaries to acquire or retain a meaningful stake in the
businesses they run or work in.
Empresaria currently provides specialist recruitment services across five
sectors in the UK; namely:
1. Construction, Property Services & Engineering;
2. Supply Chain;
3. Public Sector;
4. Financial Services; and
5. Specialist Brands.
In addition, Empresaria is actively expanding internationally and has already
established operations in the US, China, Japan, Australia, Thailand, Indonesia,
Czech Republic and Slovakia.
This information is provided by RNS
The company news service from the London Stock Exchange