FilingReader Intelligence

Accordant Group faces revenue decline, anticipates future growth

March 28, 2025 at 10:00 AM UTCBy FilingReader AI

Accordant Group (NZX:AGL) reported that challenging trading conditions have impacted its financial results for the year ending March 2025. The company expects to report a smaller loss compared to the previous year, despite revenues declining by approximately 23%. Accordant CEO Jason Cherrington noted that the company's brand mix has helped buffer against sluggish client demand. While job applications are rising, advertised job roles remain challenged, down 17% year-on-year. The company anticipates a more positive trading environment in the second half of the year if economic recovery occurs, and is focused on securing talent for future growth.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

NZX:AGLNew Zealand Exchange

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