Recruitment group CPL Resources says it has remained profitable this year despite difficult business conditions.
In a trading update, CPL said it expected its profit for the year to the end of June to be broadly in line with market expectations.
The company said its markets had been very tough for the last two years, but it was now beginning to see signs of some 'limited' improvement.
But it said employment in the Irish economy was still declining, and growth was not expected to resume until the second quarter of 2011. CPL said, however, that it was 'cautiously optimistic' that a slow recovery had begun in the markets which were relevant to its business.
