Source - SMW
Recruitment industry software supplier Dillistone Group said it expected to post a 'small' adjusted annual profit.

The company also said it expected its facility in London to be completed vacated as part of a company restructure process.

'The major focus for 2019 is thegGroup restructuring exercise, which is progressing well with the expanded office space in Basingstoke already fully functional,' chairman Mike Love said in speech notes for the company's AGM.

The 'majority' of employees from the closing London facility were expected to remain with the company, Love said.

Dillistone said costs associated with the restructure were still expected to amount to £500k-£900k.   'We do not expect to seek the support of shareholders for the cost of restructuring,' Love said.

'The group expects to deliver a small profit, prior to restructuring costs and acquisition related costs, for the year as a whole, in line with market expectations,' he added. 

At 2:01pm: (LON:DSG) Dillistone Group PLC share price was 0p at 33p

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