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Staffline Share News (STAF)



Share News for Staffline (STAF)


Share Price: 435.00Bid: 430.00Ask: 440.00Change: 0.00 (0.00%)No Movement on Staffline
Spread: 10.00Spread as %: 2.33%Open: 435.00High: 433.00Low: 433.00Yesterday’s Close: 435.00




Staffline Recruitment says H1 sales, profit well ahead yr-on-yr; in line

Tue, 4th Jul 2006 07:57

LONDON (AFX) - Staffline Recruitment Group PLC, a provider of recruitment and outsourced HR se
rvices to industry, said since its AGM in May trading has continued its strong performance with sales and profit for the first six months of the

year, as anticipated, well ahead of the same period last year and are in

line with its expectations.

In a trading statement, Staffline said its OnSite division, which manages the temporary recruitment function of its clients and represents approximately two thirds of Group turnover, has successfully won OnSites with both new and existing clients resulting in a total of 63 OnSites at June 30 2006 compared to 42 for the same period last year, and 53 at Dec 31 2005.

Its industrial branch division has continued to perform well across the entire network, whilst it also continues to incubate new OnSites, Staffline said.

Andy Hogarth, Staffline's Managing Director, said: 'In light of the performance in the first six months of the year, the OnSites successfully won to date and a good pipeline of OnSite opportunities, we are confident of continued progress in the second half of the year and of our prospects for the year as a whole.

'As it is still early in the financial year, our outlook for the year as a whole remains unchanged.'

newsdesk@afxnews.com

vjt

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