Rethink Group return to profitability

Recruitment and technology services firm Rethink Group have returned to profitability following difficult trading and closures to save costs.

The AIM-listed company, which operates an office in Manchester, said the first half of 2013 had been a period of notable improvement after the second half of 2012 had been particularly challenging.

Trading for the period was ahead of the previous six months and the Group expected to report growth in its core recruitment business.

Steve Wright, CEO of Rethink plc, commented: “We are pleased to return to profitability following the difficulties experienced in the second half of 2012. Rethink has a strong platform to continue to grow and looks forward to providing a further update at the time of the Group’s interim results in September.”