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RTC Group PLC - London-based recruitment company - Too early to quantify the impact of Covid-19 on revenue and operational profit for 2020. Sees some disruption in second-quarter due to virus outbreak. General UK recruitment and smart-meter installation activities were significantly impacted by the lockdown and hotel and conference centre remained closed. International activities remained largely unaffected. Believes that the number of contract workers required in the infrastructure and railway transportation sectors will increase in third-quarter and smart-meter installation activity will recommence.
Current stock price: 39.50 pence
Year-to-date change: down 34%
By Tapan Panchal; tapanpanchal@alliancenews.com
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