Hot Small Caps - Spring Group rises on robust outlook
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LONDON (Reuters) - Following is a round-up of key small cap movers on the London stock market on xxday.
10:10 BST - Spring Group rises on robust outlook
Shares in Spring Group SPGR.L rise 6.7 percent to 44 pence as the recruitment company posts a 51 percent rise in first half pretax profit and says its business will be robust in uncertain economic conditions.
"With 80 percent of net fee income profit coming from temporary placements, and much of the business delivered under (managed solution) RPO contracts or long-term project management contracts, Spring is well positioned to weather a slowdown," says Collins Stewart analyst Julian Cater.
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