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Pin to quick picksRtc Grp. Regulatory News (RTC)

Share Price Information for Rtc Grp. (RTC)

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99.00    -2.50 (-2.46%)
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Spread: 8.00 (8.421%)
Market Cap: £12.43m
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Trading update

21 Oct 2016 07:00

RNS Number : 1119N
RTC Group PLC
21 October 2016
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RTC Group plc

("RTC" or the "Company")

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Trading update

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RTC today announces that whilst trading in the first half of 2016 was in line with expectations, the second half has seen delays in the commencement of infrastructure projects thatΒ are impacting our trading. These delays have affected the short term performance of ATA, primarily in their permanent vertical market activities.

As a consequence of these delays, the results for the full year are expected to be lower than current market expectations.

The directors expect these infrastructure projects to commence in the near future and they remain confident in the overall future prospects of the business.

Ganymede continues to perform well and in line with expectations.

ENDS

Enquiries:

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RTC Group plc

Bill Douie, Executive Chairman

Andy Pendlebury, CEO

Sarah Dye, Group Finance Director

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Tel: 01332 861 844

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WH Ireland (Nominated Adviser and Broker)

Katy Mitchell

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Tel: 0113 394 6600

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About RTC

RTC has three principal trading subsidiaries engaged in the recruitment of human capital resources and the provision of managed services.

ATA provides engineering and technical recruitment consultancies. Supplying predominantly white and grey collar engineering and technical staff to a broad range of SME clients and vertical markets.

Ganymede is focussed on the supply and operation of blue collar contingent labour into safety critical markets.

Global Staffing Solutions predominantly provides managed service solutions for international clients.

www.rtcgroupplc.co.uk

This information is provided by RNS
The company news service from the London Stock Exchange
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