Last checked at 4 Jul 2014 07:00
For Immediate Release | 4 July 2014 |
STAFFLINE GROUP PLC
("Staffline" or "the Group")
Pre-Close Trading Update
Staffline, the national recruitment and outsourcing organisation providing people and operational expertise to industry, today issues the following Trading Update for the six months ended 30 June 2014. The Group expects to report its half-year results on 23 July 2014.
Following the AGM Trading Update on 15 May 2014, the Board today reconfirms that current trading remains positive and earnings for the six months ended 30 June 2014 are in line with market expectations. The Group continues to make good progress across a number of its key growth initiatives, including Staffline's core Onsite business and its Welfare to Work division.
The acquisition of Avanta completed on 10 June 2014 and work has now commenced combining the business with Staffline's established Welfare to Work business, Eos.
The Group also today confirms that the final dividend payment for 2013 of 6.2p per share was made today, 4 July 2014.
For further information, please contact: | |||
Staffline Group plc | 0115 950 0885 | ||
Andy Hogarth, Chief Executive Phillip Ledgard, Finance Director www.staffline.co.uk | 07931 175775 07432 554437 | ||
Liberum | |||
Chris Bowman / Richard Bootle | 0203 100 2222 | ||
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. Over recent years the Company has grown to also become a significant welfare to work and skills provider in the UK.
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 provides HGV drivers, Staffline Agriculture provides workers to the UK farming and growing sectors, while Resourcing Plus 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 Avanta (which includes Staffline's original EOS), a provider of Welfare to Work and skills training services across the UK helping the long term unemployed back in to work. 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.