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Share Price Information for Staffline (STAF)

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Share Price: 32.50
Bid: 32.40
Ask: 33.90
Change: -0.70 (-2.11%)
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Open: 32.60
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Pre Close Trading Update

2 Jul 2015 07:00

RNS Number : 9166R
Staffline Group PLC
02 July 2015
 



2 July 2015

 

STAFFLINE GROUP PLC

("Staffline" or "the Group")

 

Pre Close Trading Update

 

Staffline (AIM: STAF), the Staffing and Employability organisation, providing people and operational expertise to industry, is pleased to provide the following update on trading for the six months ended 30 June 2015.

 

As indicated at the time of the AGM on 21 May 2015, trading has been strong during the first half of the year and in line with market expectations.

 

The Staffing business has continued to perform well, following its record start to the year, with growth underpinned by both existing clients and an excellent new business pipeline. The PeoplePlus division, known as Avanta prior to the acquisition of A4e Limited ("A4e") in April 2015, is making good progress in the nine Work Programme regions where it is now prime contractor. The integration of A4e is on track and the Board remains confident that the acquisition will support the Group's continued growth ambitions.

 

Interim Results will be announced on Wednesday 22 July 2015. A presentation for analysts and investors will be held at 9.00am on the day of results at the offices of Buchanan, 107 Cheapside, London EC2V 6DN.

 

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

020 3100 2222

Steve Pearce / Steve Tredget / Richard Bootle

 

Buchanan

020 7466 5000

Sophie McNulty / Gabriella Clinkard

 

 

staffline@buchanan.uk.com

About Staffline

 

Staffline is a leading outsourcing organisation providing Staffing services to industry, supplying up to 35,000 workers every day to more than 1,300 clients. The Group is also a leading provider of services in to the Government funded Welfare to Work and Skills arena across the UK.

 

The business comprises two key areas:

 

Staffing Services

 

Specialising in providing complete labour solutions in agriculture, food processing, manufacturing, e-retail, driving and the logistics sectors, the Staffing business operates from well over 250 locations in the UK, Eire and Poland.

 

The Staffing brands include:

 

· Staffline OnSite, based on clients' premises and providing both blue and white collar, out-sourced, temporary workforces

· Select Appointments, a high street branch-based operation providing white collar office staff, operated entirely on a franchised basis by independent business owners

· Staffline Express, a high street branch based operation

· Driving Plus, providing HGV drivers to the driving industry

· Staffline Agriculture, providing workers to the UK farming and growing sectors

 

Employability

 

PeoplePlus is one of the largest Prime Contractors of the Work Programme in the UK with over 150 locations nationwide. Contracts include:

 

· Work Programme, prime contractor in nine regions in England and six sub-contacted regions

· Steps to Success, prime contractor in Northern Ireland

· Skills Funding Agency - managing the Offender's Learning and Skills Service ("OLASS 4")

· The Money Advice Service ("TMAS")

· Independent Living Services

· New Enterprise Allowance scheme - supporting people to become self-employed

· Suffolk County Council MyGo centre supporting youth employment

· Ministry of Justice Transforming Rehabilitation in Warwickshire and West Mercia 

 

The Group also operates in the Kingdom of Saudi Arabia and Australia and provides training services in the UK through:

 

· Elpis, a national training consultancy,

· Learning Plus, an e-learning platform

· Skillspoint, a procurement consultancy specialising in helping employers benefit from government

funded, work-based training

 

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