2 July 2012 – trading update

In a trading update, the global recruitment specialist Hydrogen has confirmed that trading is in line with expectations for the six months to 30 June.  Group net fee income from outside the UK accounted for 40% of the total whilst growth was also seen in in the Life Sciences and Oil and Gas markets.  Although there is limited visibility of revenues looking ahead due to the continued uncertainties in the eurozone the shares remain a BUY.