- Staffing group Empresaria reported growth in first-quarter net fee income, but said it expected profit growth to be more second-half weighted as costs increased and its brands in Germany and Japan started the year from a lower base position.

'The Group has delivered year on year growth in net fee income for the first quarter of 2019. The investment made last year in Grupo Solimano in Peru is performing well and in line with our expectations,' said Chairman, Tony Martin.

'The Group is on course to meet market expectations for the full year, with the Group's profit contribution anticipated to be more second half weighted due to the previously highlighted increase in central staff costs, new office openings and our brands in Germany and Japan starting this year from a lower base position.

At 8:36am: [LON:EMR] Empresaria Group PLC share price was 0p at 74p

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