Recruitment firm RTC reported a “highly satisfactory” set of results on Monday, sending shares up nearly 2 percent in morning trading.

Profit before tax rose 31 percent to £0.77 million, up from £0.59 million the year before, with revenue coming in 17 percent higher at £41.1 million. For the recent half year period, basic earnings per share increased by 22 percent to 4.38 percent, leading the group to issue an interim dividend of 1.3p per share.

Chairman Bill Douie said: “The optimism that we expressed earlier in the year has been justified by a highly satisfactory set of results.

“We remain confident of continued strong trading, in line with expectations, during the second half, and of delivering our ambitious growth plans across all our group businesses.”

Shares in RTC Group (LON:RTC) are currently trading up 1.82 percent at 56.00 (0834GMT).