RNS Number: 8265 A Staffline Group PLC 31 May 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 8992 Z Staffline Group PLC 22 May 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 7331 Z Staffline Group PLC 21 May 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 3405 Z Staffline Group PLC 17 May 2019 17 May 2019. Staffline, the Recruitment and Training group, provides the following trading update. The ongoing Brexit uncertainty is impacting the UK labour market and led to a number of customers transferring a significant volume of their temporary workforce into permanent employment to mitigate the risk of...
RNS Number: 3339 Z Staffline Group PLC 16 May 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 8485 W Staffline Group PLC 23 April 2019 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 7681 S Staffline Group PLC 13 March 2019. The auction call period has been extended in this security by 5 minutes. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Staffline Group Plc (STAF.L) Announced that its PeoplePlus division has been successful in the latest round of Education and Skills Funding Agency's European Social Fund competition, securing contracts worth a total of £35.0 million over a 27-month period, commencing in April 2019. The contracts cover 10 Local Enterprise Partnership areas across England.
Staffline Group (STAF.L) 1,000p £279m Staffline, the Recruitment and Training group, announced that its PeoplePlus division has been successful in the latest round of Education and Skills Funding Agency's European Social Fund competition, securing contracts worth a total of £35m over a 27-month period, commencing in April 2019. The contracts cover 10 Local Enterprise Partnership areas across England. PeoplePlus currently delivers equivalent European Social Fund contracts worth £14m, so these wins represent an increase of 250% and make PeoplePlus the largest provider of Skills Support for the Unemployed with a market share of c.47%.
RNS Number: 6594 S Staffline Group PLC 13 March 2019 For immediate release 13 March 2019. Staffline, the Recruitment and Training group, is pleased to announce that its PeoplePlus division has been successful in the latest round of Education and Skills Funding Agency's European Social Fund competition, securing contracts worth a total of £35 million over a...
RNS Number: 5214 S Staffline Group PLC 12 March 2019 12 March 2019. Group Update and Restoration of Trading. A provision of £4.4 m had been made for estimated additional costs in the Group's accounts for the year ended 31 December 2018.
RNS Number: 5138 S AIM 12 March 2019. RESTORATION OF TRADING ON AIM. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 6003 O Staffline Group PLC 30 January 2019 30 January 2019. Other than that noted above, the financial position of the Company is unchanged, as reported on 8 January the Company expects to report net debt of c �63 m for the year ended 31 December 2018 and can also report that in July 2018 the Company refinanced its �150 m lending facilities.
RNS Number: 5844 O AIM 30 January 2019. TEMPORARY SUSPENSION OF TRADING ON AIM. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Staffline is the UK's market leading Recruitment and Training group. The UK's leading provider of flexible blue-collar workers, supplying over 60,000 staff per day to c. 1,500 private sector clients, across a wide range of industries including agriculture, drinks, driving, food processing, logistics and manufacturing. It operates from over 400 locations in UK,...
Staffline Group plc (STAF.L, 990p/�277m) Full year trading update to 31.12.18 (08.01.19) • Staffline reported that trading for the financial year would be in line with market expectations. • Revenues are expected to be c.18% higher than the �958m reported for FY2017 which suggests a figure of around �1,130m. • The Recruitment division has continued to grow with the acquisitions completed during the year performing ahead of management expectations. • The PeoplePlus division has made good progress and is now the UK's leading Skills and Training provider. Apprenticeship levy and Prison contract wins have helped offset reduced activity from the run-off of the Work Programme. • As part of this transition significant one-off exceptional costs of c.�20m have been incurred in FY 2018 but no further costs of this nature are anticipated for FY2019. • These costs and costs related to acquisitions have increased net debt to �63m as at end December 2018. Allenby Capital comment The rise in net debt to �63m is surprising given that the figure twelve months earlier was just �16.5m and is significantly higher than market expectations of �23.3m*. However, historically the Group has generated strong cash flow and therefore, assuming modest expenditure on acquisitions in the current year, one could anticipate this position improving over the next twelve months. Nevertheless, borrowings should be well within the Group's facilities which were renegotiated in July 2018 with a �120m committed RCF and a further uncommitted RCF of �30m.
Staffline Group Plc (STAF.L) Announced, in its trading update, that trading for the financial year ended 31 December 2018 is expected to be in line with market expectations. Revenues are anticipated to be 18% higher than the �957.8 million reported for 2017. The recruitment division has continued to grow, with the acquisitions completed during the year performing ahead of management expectations. The investment in technology by the company has also created a clear differentiation in its recruitment offering and is delivering strong traction across its customer base. The PeoplePlus division has now successfully transitioned into the UK's leading Skills and Training provider, making good progress in the year. The apprenticeship levy continues to present an excellent opportunity for growth in this area, and, along with Prison Education contract wins, is offsetting the reduced activity from the run-off of the Work Programme.
Revenues are anticipated to be c. 18% higher than the �957.8 million reported for 2017. The PeoplePlus division has now successfully transitioned into the UK's leading Skills and Training provider, making good progress in the year. Excluding amortisation charges on intangible assets arising on business combinations and non-cash charges for share-based...
Staffline Group Plc (STAF.L) Announced that its PeoplePlus division has been successful in the latest round of Prison Education tenders, securing contracts worth a total of �104.6 million over a four-year period. At the Group's interim results, management set a target to double Staffline's share of the Prison Education market from 10% to 20%, and following the latest round of allocations, Staffline will have a 25% share and will operate in 22 prisons across the UK. The Group's success in this latest procurement process includes retaining all of its existing contracts and adding significant further delivery.
Staffline, the Recruitment and Training group, is pleased to announce that its PeoplePlus division has been successful in the latest round of Prison Education tenders, securing contracts worth a total of �104.6 million over a four-year period.. At the Group's interim results, management set a target to double Staffline's share of the Prison Education market...
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