CPL says profit 'in line with forecasts'

Recruitment firm CPL Resources is expecting its pretax profit for the current year to be in line with market expectations, it…

Recruitment firm CPL Resources is expecting its pretax profit for the current year to be in line with market expectations, it said today.

Despite what it described as "challenges" presented by the current market conditions, the firm said it was on target to meet current market forecasts for the year to 30 June 2008.

"Current market conditions continue to present challenges across many of the sectors in which we operate. However, Cpl is well positioned to meet those challenges over the coming months," said chairman John Hennessy.

Results for the fiscal year ending June 30th 2008 will be announced on September 5th.