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Dillistone Group Reports Profit Rise Amidst Revenue Dip

Dillistone Group Reports Profit Rise Amidst Revenue Dip

Dillistone (GB:DSG) has released an update.

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Dillistone Group PLC, a software supplier for the recruitment industry, reported an increase in H1 adjusted operating profit to £0.133m and a significant rise in rolling 12-month adjusted operating profit to £0.237m, despite an 11% drop in total revenue amidst a challenging recruitment market. The company remains confident in meeting full-year market expectations, bolstered by investments in platforms and efficiency gains. Following the interim results, Dillistone successfully raised funds through loan notes and share issuance to a new investor.

For further insights into GB:DSG stock, check out TipRanks’ Stock Analysis page.

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