Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksStaffline Regulatory News (STAF)

Share Price Information for Staffline (STAF)

Share Price is delayed by 15 minutes
Get Live Data
38.60    -1.40 (-3.50%)
Bid:
38.70
Ask:
40.00
Spread: 1.30 (3.359%)
Market Cap: £42.23m
STAF Live PriceLast checked at - London Stock Exchange

Intraday Staffline Share Chart

AGM TRADING STATEMENT

15 May 2014 07:00

RNS Number : 1644H
Staffline Group PLC
15 May 2014
 



For Immediate Release

15 May 2014

 

 

STAFFLINE GROUP PLC

("Staffline" or "the Group")

AGM TRADING STATEMENT

Staffline, the national outsourcing organisation providing people and operational expertise to industry, will hold the Group's Annual General Meeting at 10.00am this morning.

At the meeting Andy Hogarth, Chief Executive of the Group, will make the following statement on current trading:

"Firstly, I am pleased to report that the Group has traded well since the publication of the Preliminary Results in February and we continue to experience a strong demand from both new and existing customers.

Secondly, I'm delighted to announce the proposed acquisition of Avanta today which represents a new and exciting chapter in the ongoing development of our business. In 2012 Stafflline announced a new five year growth plan aimed at broadening our market reach and increasing the scale of all of its divisions. This plan sought to capitalise on the Company's strong market presence in the blue collar recruitment, to further enhance our Welfare to Work platform and develop a number of new growth divisions. To date we have invested in Driving and Agriculture sectors, expanded into Ireland, diversified into permanent resourcing via our Select franchise operation and started to replicate the Company's Onsite model within the White Collar recruitment arena. We continue to make good progress on all these fronts and the acquisition of Avanta is a significant step in further enhancing this growth plan.

Whilst it is still early in the current financial year, trading remains positive and the Board are confident the Group will meet market expectations for 2014."

 

For further information, please contact:

Staffline Group plc

0115 950 0885

Andy Hogarth Chief Executive

07931 175775

Phillip Ledgard, Finance Director

07432 554437

www.staffline.co.uk

 

 

 

Liberum Capital Limited

 

Chris Bowman/Richard Bootle

020 3100 2222

http://www.liberum.com/

 

 

Buchanan

 

Jeremy Garcia/Gabriella Clinkard

020 7466 5000

www.buchanan.uk.com

About Staffline

 

Staffline Group plc was historically a recruitment organisation specialising in food processing, manufacturing, e-retail, driving and logistics. We provide and manage industrial workforces and use training and business improvement techniques to ensure increased levels of efficiency to give our clients a significant commercial advantage. Our recruitment business now operates from well over 200 locations in the UK, Ireland and Poland, supplying up to 33,000 temporary workers each day.

 

Our recruitment brands now include Select Appointments, providing white collar office staff and Staffline Express, providing blue collar staff, both High Street branch operations. Staffline OnSite is based on clients' premises and also provides both Blue collar and White Collar temporary staff, Driving Plus providing HGV drivers, Staffline Agriculture provides workers to the UK farming and growing sectors, Resourcing Plus which offers cost effective permanent recruitment solutions.

 

Our other areas of operation include Elpis, a national training and consultancy organisation, OSP, a specialist volume recruitment call centre and EOS, which helps the long term unemployed back in to work through Government Welfare to Work contracts. We expanded our training capabilities in 2013 with Learning plus, a technologically advanced e-learning platform designed to deliver extremely cost effective work based skills training.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGMAAMATMBBBMBI
Date   Source Headline
23rd May 20117:00 amRNSDirectors' Dealings
19th May 201111:02 amRNSResult of AGM
19th May 20117:00 amRNSAGM Trading Statement & Update On Board Structure
9th May 20111:07 pmRNSNotification of Major Interests in Shares
3rd May 20114:00 pmRNSIssue of Shares and Total Voting Rights
26th Apr 20117:00 amRNSAcquisition
30th Mar 20117:00 amRNSNotice of Major Interest in Shares
17th Mar 20117:00 amRNSAcquisition
3rd Mar 20117:00 amRNSHoldings in Company
28th Feb 20117:00 amRNSPreliminary Results
5th Jan 20117:00 amRNSChange of Adviser
5th Jan 20117:00 amRNSAcquisition
4th Jan 20117:00 amRNSTrading Statement
30th Nov 20109:46 amRNSTotal Voting Rights
24th Nov 201011:29 amRNSAdditional Listing
15th Nov 20105:57 pmRNSDirector/PDMR Shareholding
9th Nov 20104:37 pmRNSDirector/PDMR Shareholding
9th Nov 20107:00 amRNSAdditional Listing
3rd Nov 20108:35 amRNSDirector/PDMR Shareholding
22nd Oct 20107:00 amRNSTrading Statement
22nd Oct 20107:00 amRNSTrading Statement
30th Sep 20107:00 amRNSTotal Voting Rights
23rd Sep 20108:25 amRNSHolding(s) in Company
6th Sep 20107:00 amRNSJoint Share Ownership Awards
6th Sep 20107:00 amRNSHalf Yearly Report
6th Jul 20107:00 amRNSTrading Statement
18th Jun 20107:00 amRNSTrading Statement
26th May 20108:29 amRNSHolding(s) in Company
26th May 20107:00 amRNSAcquisition
20th May 20102:05 pmRNSResult of AGM
14th May 20109:09 amRNSHolding(s) in Company
29th Apr 20102:00 pmRNSAnnual Report and Accounts
2nd Mar 20107:00 amRNSFinal Results
4th Jan 20107:00 amRNSTrading Statement
23rd Dec 20099:18 amRNSDirector/PDMR Shareholding
2nd Dec 20097:00 amRNSAcquisition
25th Nov 20093:45 pmRNSStatement re GLA announcement
20th Nov 20097:00 amRNSTrading Statement
21st Oct 20097:00 amRNSDirector/PDMR Shareholding
8th Oct 20095:03 pmRNSDirector/PDMR Shareholding
8th Sep 20093:38 pmRNSDividend Declaration
8th Sep 20097:00 amRNSHalf Yearly Report
7th Jul 20097:00 amRNSTrading Statement
21st May 200911:42 amRNSResult of AGM
21st May 20097:00 amRNSAGM Statement
6th May 20099:05 amRNSAnnual Report and Accounts & Date of AGM
5th May 20095:03 pmRNSHolding(s) in Company
1st Apr 20095:15 pmRNSDirector/PDMR Shareholding
3rd Mar 20097:00 amRNSFinal Results
2nd Feb 20097:00 amRNSDirectorate Change

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.