Parc Group International, the contract staffing company which plans a flotation in the second half of September, has forecast strong profit growth. Operating profit should be not less than £2.3 million in the six months to September 30th 1998, compared with £2.8 million in the previous 12 months, according to the pathfinder prospectus. Parc said it has achieved an excellent performance in the first four months of its financial year. The forecast includes a five-month contribution from Cousins Group, the IT contract and permanent staffing company, acquired last April. Turnover and operating profits are ahead in all divisions, making the group confident about the remainder of the year.

The flotation is expected to value the group at between £35 million and £45 million. Around £10 million in new capital is expected to be raised.