Dillistone expects FY24 results to show 'significant' YOY improvement

(Sharecast News) - Software and services supplier Dillistone Group said on Wednesday that it expects its FY24 results to show "continuing progress", with profit measures "comfortably in line with expectations" and a "significant improvement" year-on-year. Dillistone said its unaudited results had been delivered despite "a challenging climate" for recruitment clients, which has directly impacted the size and scale of its client base.

Despite this ongoing environment, Dillistone said it had seen "a notable improvement" in a number of internal performance indicators in Q4. This improvement was led by its Talentis executive search software product, which saw a "significant increase in demand" in the final weeks of the year.

Going into FY25, Dillistone said it had received migration contracts from executive search firms in the Americas, Europe, Africa and Asia Pacific, which will see clients port to Talentis from a number of other products, including both competitors and its own FileFinder systems.

As of 1015 GMT, Dillistone shares were down 4.36% at 6.58p.







Reporting by Iain Gilbert at Sharecast.com