Shareholders in recruitment group CPL have been told that the company remains profitable despite difficult conditions in its markets.
Chairman John Hennessey told its AGM CPL expected to report a pre-tax profit of more than €2m for the six months to the end of December.
'The markets in which we operate remain difficult and employment trends continue to present challenges,' he said.
But he added that CPL had continued to reduce its cost base to meet the current economic situation.
