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Trading Update January 2013

17 January 2013 by Erin Smyth
Shutterstock 417879073

Empresaria Group plc ("Empresaria" or the "Group"), the international specialist staffing group, today issues a trading update for its financial year ended 31 December 2012, ahead of its preliminary results for that period, which it expects to announce on 20 March 2013.

The Board confirms that full year profitability is expected to be in line with current market expectations.

Chief Executive Joost Kreulen said:

"We have seen a strong performance from our Asian operations, a much improved second half performance in Chile and stable trading in the UK.
Whilst our restructuring exercise in Germany has resulted in some exceptional costs and, as expected, lower full year profits than in the prior year, the business now has an improved focus and a much reduced cost base going into 2013.

We continue to see opportunities for expansion in the marketplace and for organic growth from our existing businesses."

For further information contact:

Empresaria Group plc
01342 711430
Joost Kreulen, Chief Executive
Spencer Wreford, Group Finance Director

Altium (Nominated Adviser)
0207 484 4040
Tim Richardson

Allenby Capital Limited (Broker)
0203 328 5656
Nick Naylor