TORONTO -
Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 164,098,457
NEW YORK -
Hudson Highland Group, Inc. (Nasdaq: HHGP), one of the world's leading providers of permanent recruitment, contract professionals and talent management solutions, today announced financial results for the second quarter ended June 30, 2009.
BOSTON -
- Despite previous 2008 closures and announced 2009 closures, a further 3.6M tonnes of closures are likely; report provides independent perspective on which mills and machines may be affected
IRVINE, California -
- High-profile promotion opportunity at industry's premier converged entertainment show
PARIS -
- Positive operating margin of 15 million euros versus a loss of 66 million euros in the first quarter - Free cash flow[1] of 84 million euros and a reduction of the net debt of 92 million euros - Negative net income of 54 million euros versus a negative net income of 159 million euros in the first quarter 2009, which brings the net income for the first half to a loss of 213 million euros - Outlook: - Automotive production forecast revised upwards: drop of 7% for the second half and 17% for the full year - Based on these market conditions, objective of a positive operating margin in the second half and cash consumption for the year of around 200 million euros after payment of 230 million euros related to restructuring costs
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