Gattaca plc (LON:GATC) CEO Matthew Wragg, joins DirectorsTalk Interviews to discuss the company’s interim financial results for the first half of the fiscal year ending January 31, 2024.
Matthew outlines the challenges faced by the company, particularly in the recruitment sector, which has seen a general decline. He details the Group’s Net Fee Income performance in the first half and the key factors influencing the performance, talks about a slight increase in profits through strategic cost reductions and operational adjustments and the initiatives being taking to reflect challenging market conditions.
Matthew talks about the strategic shifts in sales focus, particularly towards markets with sustainable growth potential like energy and also touches on the company’s maintaining a strong balance sheet and outlines future strategies to navigate the tough economic landscape, including further investments in technology and strategic realignment.