Irish recruitment firm Cpl Resources announced a trading update and said it expects its profit before tax for the year to 30 June 2018 to be in line with market expectations. The group also announced the appointment of Lorna Conn, CFO of Cpl, to the Board of the Company with immediate effect.

Conn joined Cpl in October 2017 as CFO and has previously held senior roles in a number of companies in both Ireland and the US. She is also a chartered accountant and trained with Deloitte.

John Hennessy, Chairman of Cpl, commented, "On behalf of the Directors of the Company I would like to welcome Lorna to the Board. She has already made a valuable contribution to the group since joining as CFO and we look forward to having the benefit of her experience, energy and expertise on the Board as Cpl pursues its next phase of growth.”

The group announced its half year results on 25 January 2018 for the six months to 31 December 2017 with revenue of €256.7 million.

“Our business continues to perform well and our results for the year to 30 June 2018 will reflect growth in revenues and profits on the prior year and strong cash generation,” the group stated. “Current market conditions are favourable with high demand for talent and low unemployment rates in key markets. However we remain conscious of the impact of political, regulatory and economic events globally on our business.”

Cpl plans to announce its results for the full year on 11 September 2018.