CPL Resources

Full-year trading update signals good H2 performance

  • Sectors : Recruitment
  • Companies : CPL Resources

Ratings and price correct at time of issue.

  • CPL Resources

    Closing Price: 640c

  • RATING 30/06/09

  • PREVIOUS RATING N/A

DAVY VIEW

Cpl Resources has maintained the strong momentum that it generated in H1, when it recorded double-digit earnings growth, into H2. We expect this was supported by similar themes — profitable growth in Flexible Talent and improved conversion metrics underpinned by cost discipline. The company's positioning remains highly attractive and we reiterate our ‘Outperform’ rating.

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Jul 11 2019, 07:15 IST/BST

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