Clarius Group reports steady profit guidance

Author of Clarius Skills Index sees positive signs ahead

Clarius Group Limited (ASX:CND) has reported a profit guidance of $1.1 million to $1.4 million for the six months to December 2009.

In a statement to the ASX the company said the result would be down from the net profit after tax of $1.9 million achieved in the six months to December 31, 2008.

However, managing director, Geoff Moles, said the company was seeing "some positive signs that demand is finally increasing, although at this stage modestly".

The company reported a net profit after tax of $1.3 million for the half-year to June 30, 2009.

Moles also maintained a positive outlook saying, "economic conditions for recruitment are expected to improve as the economy starts to recover and grow".

The company, formerly Candle Australia, is the author of the Clarius Skills Index, which in October claimed the ICT job market's horror run won't dissipate for another six months despite early signs of a recovery. It is also a provider of contracting and recruitment services.

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