Staffline Group PLC Trading Update (2450T)
04 January 2017 - 7:00AM
UK Regulatory
TIDMSTAF
RNS Number : 2450T
Staffline Group PLC
04 January 2017
For immediate release 4 January 2017
STAFFLINE GROUP PLC
("Staffline" or "the Group")
Trading Update
Staffline, the Staffing and Employability organisation, today
issues a trading update for its financial year ended 31 December
2016.
The Board is pleased to report that the Group expects to deliver
full year results in line with market expectations. Demand in the
Staffing business has remained strong through the second half and
the division has once again achieved excellent growth in the number
of OnSites this year. PeoplePlus, the Employability, Skills and
Justice Division, has also made good progress, becoming the top
performer in Work Programme contracts as well as benefiting from
its focus on improved margins.
Staffline will announce its preliminary results for the year
ended 31 December 2016 on Wednesday 25 January 2017. A presentation
for analysts will be held at 9.30am on Wednesday 25 January at the
offices of Buchanan, 107 Cheapside, London EC2V 6DN.
A presentation for private and retail investors will also be
held on Wednesday 25 January 2017, starting at 12.00pm at the
offices of Buchanan, 107 Cheapside, EC2V 6DN. Admittance is
strictly limited to those who register their attendance in advance
of the event. To register for the event, please contact Buchanan on
020 7466 5000 or staffline@buchanan.uk.com.
For further information, please contact:
Staffline Group plc
Andy Hogarth, Chief Executive 07931 175775
Chris Pullen, Group CFO 07786 265344
www.staffline.co.uk
Liberum Capital Limited
NOMAD & Joint Broker
Steve Pearce / Steve Tredget / Richard Bootle
020 3100 2222
www.liberumcapital.com
Berenberg
Joint Broker
Chris Bowman / Marie Stolberg 020 3465 2722
www.berenberg.com
Buchanan
Sophie McNulty / Richard Oldworth / Jamie Hooper
/ Jane Glover 020 7466 5000
www.buchanan.uk.com
About Staffline
Staffline is a leading outsourcing organisation providing
Staffing services to industry, supplying up to 45,000 workers every
day to more than 1,300 clients. In the last five years the Group
has also grown to become a leading provider of services in to the
Government funded Employability (Welfare to Work), Justice and
Skills arena.
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 recruitment business operates from well
over 350 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
Comprising the PeoplePlus brand, Government contracts
include:
-- Work Programme, prime contractor in nine regions and
sub-contracts in three regions in England
-- Steps to Success, prime contractor in Northern Ireland
-- Youth Guarantee (MyGo Centre), supporting youth employment in the Ipswich area
-- Ministry of Justice Transforming Rehabilitation in
Warwickshire and West Mercia, helping to transform rehabilitation
and probation services
-- OLASS, delivery of training to prisoners in nine prisons in the East of England
-- Building Employment through Education, working in Schools in Northern Ireland
Training services:
-- 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
Support services:
-- Independent Living Services
-- Northern Ireland Prison Services, Visitor Centers
-- Careers Hubs in Stoke and Staffordshire
This information is provided by RNS
The company news service from the London Stock Exchange
END
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January 04, 2017 02:00 ET (07:00 GMT)