LONDON (Alliance News) - Dillistone Group PLC, which supplies software to the recruitment industry, expects first-half profit to be lower due to higher depreciation charges.
"The group remains confident of making further progress in the full year," Chairman Mike Love told shareholders at the company's annual meeting.
The chairman said the company expects revenue and earnings before interest, tax, depreciation and amortisation for the first six months of 2015 to be ahead of the equivalent period in 2014. However, profit is expected to be lower due to higher depreciation charges.
Shares in the company were down 0.4% at 115.00 pence on Thursday morning.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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Dillistone (DSG)