18 Sep 2009

No particular reason seen for rise in share price of job agency

3:33 pm on 18 September 2009

Allied Work Force says it sees no particular reason for a rise in its share price in recent weeks.

The company says the employment market has not picked up, and earnings will be substantially lower than in the same period a year ago, which it outlined at its annual meeting in July.

Allied also says it is in talks about buying a business to expand its presence in the employment market, but that it is too early to say whether those talks will be successful.