UK recruitment firm Hydrogen Group (HYDG: AIM) has published a trading update for the year ending 31 December 2016. 

The Board expects to report net fee income for the year of £17.8 million and a return to profitability generating Profit Before Tax of £0.75 million as a result of the group's strategy and a renewed focus on building market leading niches.

"The business has a strong contractor base, a diversified client base internationally and is well positioned to take advantage of opportunities in 2017," Hydrogen said in a trading update.

Hydrogen Group will announce its final results for the year ended 31 December 2016, on 4 April 2017.