(NewsDirect)
Gattaca PLC CEO Matthew Wragg speaks toThomas Warner from Proactive about how the STEM-focused talentsolutions company has been performing during a challenging period inthe market.
Wragg discusses thefinal results for the year ending in July, highlighting a profitbefore tax of £2.6 million which marginally exceeded expectations.This positive trajectory comes within the context of a sluggishmarket, especially in permanent placements, which experienced aslowdown.
He expresses optimismabout Gattaca's direction, emphasising the internal changes andimprovements made over the last 18 months. He noted that thecompany's focus on STEM skills helps add to its resilience.
The conversation also touched onGattaca's recent decision to relaunch its share buyback. Wraggoutlined the rationale behind the move, citing a healthy cashposition.
Looking ahead, Wragg emphasises the importance ofrebuilding corporate memory and fostering a positive environment forsuccess and says he's focused on "rebuilding the business in areally sustainable way."
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