CPL Resources: Brexit brings challenges and opportunities
Published 11/07/2016 | 07:46
Recruitment firm Cpl Resources has said Britain's decision to leave the European Union has brought both challenges and opportunities to company's operations in Ireland.
In a trading update released to shareholders this morning, Cpl said it was "monitoring" the situation around Brexit and is assessing the implications to its business.
In January the company announced strong gains in revenue and profits in the opening half of the year and said both have continued to grow in the second half of the year.
Cpl predicts its profit to be in line with market expectations and said its balance sheet and cash flow remain strong.
The company intends to release its full year results on September 1.