Staffline Regulatory News (STAF)

6 Jul 2005 07:00

Staffline Recruitment Group plc06 July 2005 For immediate release 6 July 2005 Staffline RECRUITMENT GROUP PLC Half Year Trading Update Staffline Recruitment Group plc, a leading provider of recruitment and outsourced HR services to industry, today issues a half year trading update for the six months ended 30 June 2005. The Board is pleased to report that Staffline's overall performance is ahead oflast year and in line with its expectations for the first half. On currenttrends, the Board is also confident that full year expectations are achievable given the expansion of its OnSite business, subject to customers' continued demand for temporary staff against the current economic background. Staffline has continued to perform well benefiting from the contribution fromthe additional OnSite locations that have come on stream compared to the sameperiod last year. The new OnSites added in the year to date are all performingto plan, and we continue to see momentum in our pipeline of OnSite prospectsto provide encouragement for the remainder of the year. The number of OnSitesas at 30 June 2005 stood at 46 compared to 35 at the year end. Staffline intends to issue its interim results for the six months ended 30 June2005 on Tuesday 6 September 2005 at which time a further update on currenttrading will be provided. Commenting on the trading update, Andy Hogarth, Staffline's Managing Director,said: "Staffline's first half performance has been in line with expectations and weremain confident that we will make continued progress in the year as whole." - Ends - For further information, please contact: www.staffline.co.uk Staffline Recruitment Group plc 0115 950 0885Andy Hogarth, Managing Director Smithfield 020 7360 4900Reg Hoare / Sarah Richardson Note to Editors: Staffline Recruitment Group plc's main business is as a specialist supplierof "blue collar" temporary and contract staff to industry through a networkof 17 branches and 46 OnSite locations nationwide. The Group also has a smaller but growing division called Techsearch which specialising in temporary andpermanent placements in the engineering and FMCG sectors and operates from4 branches. The Group, which is managed from a head office in Nottingham, was founded in 1986 and was admitted to AIM in December 2004 (Ticker: STAF.L). This information is provided by RNS The company news service from the London Stock Exchange