Staffline - bucking the soft trend18 May 2026 09:29
.wealthoracle.co.uk/company-results
Staffline Group, the AIM-listed UK recruitment group, delivered a confident AGM trading update reporting strong momentum into FY26. Gross profit rose 14.6% across the first four months of 2026, underpinned by a 9.1% year-on-year uplift in temporary worker hours at Recruitment GB and a strong start in Recruitment Ireland, supported by both temporary and buoyant permanent recruitment activity. The new business pipeline is healthy, driven by organic growth and market share gains across Staffline's blue-chip customer base. The Group has deployed strong trading cash flows into the buyback, repurchasing 7.01 million shares since January 2026 at an average 45.36p for total consideration of £3.18 million. The Board remains confident that FY26 results will be in line with management expectations despite the challenging macro backdrop. Vs consensus: No specific quarterly consensus applies to an AGM trading update; the Group reaffirms FY26 will be in line with management expectations, with double-digit gross profit growth and a 9.1% rise in GB temporary hours providing the operational underpin. Verdict: IN-LINE
.wealthoracle.co.uk/company-results