Staffline Regulatory News (STAF)

8 Jan 2007 07:00

Staffline Recruitment Group plc08 January 2007 For immediate release 8 January 2007 STAFFLINE RECRUITMENT GROUP PLC ("Staffline" or "the Group") Year End Trading Update Notice of Results Staffline Recruitment Group plc, a leading provider of recruitment andoutsourced HR services to industry, today issues a trading update for itsfinancial year ended 31 December 2006, ahead of its preliminary results for theperiod which it expects to announce on 19 March 2007. The Board anticipates that the Group's sales and profits for the full year willbe in line with its expectations and significantly ahead of last year, drivenprimarily by the Group's OnSite and industrial branch divisions. During the year the Group's OnSite division, which manages the temporaryrecruitment function of its clients and represents over 70% of Group turnover,has successfully won OnSites with both new and existing clients resulting in anet increase of 14 locations to a total of 67 as at 31 December 2006. The newOnSites added during the year are performing in line with, or ahead of,management's expectations. Our industrial branch division has performed stronglyand we hope to announce two further branch openings shortly together withadditional new OnSite locations. Commenting, Andy Hogarth, Staffline's Managing Director, said:"Staffline has delivered substantial growth compared to 2005, in line withexpectations, and has a good pipeline of OnSite opportunities. We thereforeremain confident of making continued progress in the current year andthereafter." - Ends - For further information, please contact: www.staffline.co.uk -------------------Staffline Recruitment Group plc 0115 950 0885Andy Hogarth, Managing Director 07931 175775Carole Harvey, Finance Director 07904 262132 Smithfield 020 7360 4900Miranda Good / Reg Hoare 07920 087968 About Staffline Staffline Recruitment Group plc's main business is as a specialist supplier of"blue collar" temporary and contract staff to industry. It provides a fullyoutsourced service, managing the temporary recruitment function of its clientson their premises, at 67 OnSite locations nationwide and also has a network of16 industrial branches. In addition, the Group has a smaller division calledTechsearch which specialises in temporary and permanent engineering, IT, HR andFMCG placements and operates from 4 branches. The Group, which is managed from ahead office in Nottingham, was founded in 1986 and was admitted to AIM inDecember 2004 (Ticker: STAF.L). This information is provided by RNS The company news service from the London Stock Exchange