Recruitment group CPL said it has seen a positive start to its new financial year.

In a trading update, the company said that its net fees continue to show growth across the business.

"Economic indicators are positive and we expect to perform in line with market expectations in the months ahead," the company added. 

CPL shareholders yesterday at the company's AGM approved the payment of a final dividend of five cent per share. This bring the total dividend for the year to 9.75 cent per share.