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Pin to quick picksStaffline Share News (STAF)

Share Price Information for Staffline (STAF)

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Share Price: 33.70
Bid: 33.50
Ask: 34.00
Change: 0.00 (0.00%)
Spread: 0.50 (1.493%)
Open: 33.70
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Low: 0.00
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Staffline Remains Confident Of Growth, Trading Within Expectations

Wed, 04th Jul 2018 10:11

LONDON (Alliance News) - Staffline Group PLC said Wednesday current trading remains in line with expectations and the company "remains confident" about its growth prospects.

The recruitment and training company said that "despite a tight labour market" its recruitment division has "continued to perform strongly" in the first half of the year.

The company believes its four acquisitions this year has "improved its coverage in specific geographic areas".

In the six months ended June, the company's Training, Skills & Well-Being division, PeoplePlus, "transition away from the work programme contracts" remain on track.

The company believes it is benefiting from its investment in the Apprenticeship Levy space and is making "good progress" delivering Fair Start Scotland - which launched in April.

Staffline said it continues to develop a strong pipeline across a number of areas, including devolved government and prison education.

Shares in Staffline were up 5.0% Wednesday at 979.75 pence each.

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