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Work Service SA Management recommends PLN 0.10 dividend per share

During the next General Meeting of Shareholders, the Management Board of Work Service S.A. will recommend allocation of PLN 5 million for dividend for the year 2011, equivalent to PLN 0.10 per share. In 2011 Work Service Group yielded a net profit of PLN 22.29 million.

“The recommendation to distribute profit yielded in 2011 fulfils the promises that were made during our public offering. It can also be considered the harbinger of the company's long-term policy. The current sharing of profit yield shall be continued for the foreseeable future; sharing the yielded profits with our shareholders will be recommended,” says Tomasz Hanczarek, President of Work Service SA. 

The final decision regarding the payment of the dividend will be made ​​at the Annual General Meeting of Shareholders. The Management Board also recommends setting a date for dividend payment precisely three months from the date of the Annual General Meeting.

Work Service S.A. is the largest company in the Polish HR market and focuses mostly on providing innovative solutions in the area of flexible employment, HR consulting and outsourcing of the business processes.

In late April, Work Service SA debuted on the Warsaw Stock Exchange as the first business in the HR market sector to do so.

 

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Work Service Capital Group provides services in the area of HR management. It specializes in selection and recruitment of qualified employees, personnel consultancy, full outsourcing of functions related with HR and auxiliary processes management in companies as well as offering solutions based on usage of temporary employment contracts. Work Service S.A. is the largest service company on the Polish HR market, operating in the whole country through the network of branch offices as well as abroad in five countries of the Central and Eastern Europe. Work Service has been present on the market since 1999, and due to long-term cooperation with the largest employers in Poland and abroad it has full knowledge of the labour market and comprehensive solutions supporting management. Even 1000 large companies have already chosen Work Service to be their business partner, appreciating the company’s experience, professionalism and individual approach. Each year, thanks to Work Service, as many as 150 thousand people find employment.

 

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