£300.000,000 over three years.18 May 2025 09:21
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Share Price Information for Staffline (STAF)
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Share Price:
32.80
Bid:
32.00
Ask:
33.00
Change:
5.30 (19.49%)
Spread: 1.00 (3.125%)Open: 30.00High: 34.00Low: 30.00Prev. Close: 27.20
Last checked at 09:20:21
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Marty130
Posts: 209
Price: 32.80
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New contract worth upto 300 million17 May 2025 08:42
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Updated: 16/05/2025
AIM movers: Staffline secures new contract and eEnergy partner providing growth funding
By
Andrew Hore
16/05/2025
Mirriad Advertising (LON: MIRI) raised a further £100,000 via a retail offer at 0.01p/share. That takes the money raised to £1.6m. The share price recovered 26.1% to 0.0145p but it has still nearly halved over the past week.
Energy as a service provider eEnergy Group (LON: EAAS) has entered a partnership with US-based energy as a service provider Redaptive Inc, which will provide up to £100m to support new projects. eEnergy will project manage and deliver LED and solar on behalf of Redaptive customer base in Europe. These projects will be fully funded and eEnergy cash flow will improve. The current NatWest facility can only be used for public projects. The share price increased 22.2% to 6.05p.
Staff provider Staffline (LON: STAF) has won a new contract with food and drink logistics provider Culina that could be worth £300m over three years. This should commence in the summer. There will be initial implementation costs in 2025. Panmure Liberum has raised its 2025 pre-tax profit forecast from £5.3m to £6m. The 2026 estimate is increased from £5.7m to £8.3m. The share price is 15.4% to 31.4p, which is less than six times prospective 2026 earnings.