Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Staffline Confident In Growth After Revenue And Profit Increase

Wed, 25th Jul 2018 11:38

LONDON (Alliance News) - Staffline Group PLC said Wednesday it is confident in meeting its full-year expectations after posting a rise in half-year revenue and profit.

For the six months to June 30, the recruitment and training company recorded 12% rise in revenue to GBP481.0 million from GBP427.8 million year-on-year.

By division, the company's recruitment unit saw revenue up 16% to GBP429.6 million from GBP369.9 million, while PeoplePlus's, Staffline's training service unit, revenue dropped 11% to 51.4 million from GBP57.9 year-on-year.

Pretax profit in the half-year rose to GBP10.5 million from GBP6.3 million in the comparative year ago period.

Staffline lifted its interim dividend by 2.7% to 11.3 pence per share, from 11.0p in the first half last year.

Shares in the company trading 0.4% lower at 1,048.00p each.

Related Shares

More News
19 Mar 2024 13:48

EARNINGS: Harworth aims higher; Staffline and Eagle Eye swing to loss

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News:

12 Mar 2024 14:29

UK earnings, trading statements calendar - next 7 days

20 Feb 2024 20:13

TRADING UPDATES: Franchise Brands sets targets, Cindrigo agrees loan

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

23 Jan 2024 11:23

Staffline shares fall as profit declines; notes headwinds

(Alliance News) - Staffline Group PLC on Tuesday said underlying operating profit fell in line with market expectations in 2023 as it aimed to "delive...

23 Jan 2024 08:36

Revenue rises but profit falls for Staffline

(Sharecast News) - Recruitment and training company Staffline Group reported 2023 revenue of £938.2m in an update on Tuesday, up 1.1% year-on-yea...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.