FINANCIALS: Staffline bullish for year ahead

Staffing and employability organisation Staffline has made an “excellent” start to the year, according to CEO Andy Hogarth.

In a statement issued ahead of the group’s annual general meeting this morning, Hogarth said Staffline “has continued to make excellent progress in the new financial year”.

“The staffing division has continued to perform well, with strong demand for its services from both new and existing customers. The number of OnSites continues to grow. We are still seeing no change in demand following the EU Referendum Vote and the group continues to source record numbers of workers to supply this demand.”

With regards to PeoplePlus – the firm’s employability, training and skills division – Hogarth said the firm was seeing the benefits of a 2016 reorganisation, while the division’s new business pipeline remains strong with business continuing to be bid for and new contracts won. 

“As a result, we are pleased to confirm that current trading is in line with market expectations and the board remains confident of the group’s growth prospects with the ‘Burst the Billion’ £1bn revenue target still very much on track,” Hogarth added.

Staffline adds it expects to provide an interim pre-close trading update on 4 July 2017.

• Want to comment on this story? Email us at recruiter.editorial@redactive.co.uk or tweet us below to tell us your thoughts. We will run comments online in a round-up at the end of the week.

Email story to a friend

Twitter Twitter

gap Personnel embarks on ‘major’ acquisition drive

UK industrial labour provider gap Personnel Group has hit the acquisition trail in search of staffing companies within the blue collar, industrial and technical sectors.

25 May 2017

Union in court to seek recognition for Deliveroo workers

The Independent Workers’ Union of Great Britain (IWGB) has started legal proceedings to secure union representation for workers at food courier firm Deliveroo.

Legislation 24 May 2017

Government review to give workers on zero-hours contracts ‘right to request’ fixed hours

Workers on zero-hour contracts are set to be given the right to request fixed hours, according to reports.

Legislation 23 May 2017

Union seeks talks with Transline owners over unpaid backpay

Unite the Union is seeking urgent talks with the new owners of Transline over outstanding backpay owed to workers, which the labour procurer supplied to sports retailer Sports Direct.

19 May 2017
Top