For immediate release 4 January 2011
STAFFLINE GROUP PLC
("Staffline" or "the Group")
Trading Update
Staffline Group plc ("Staffline" or "the Group"), a national outsourcing organisation providing people and operational expertise to industry, today issues a trading update for its financial year ended 31 December 2010, ahead of its preliminary results for the period which it expects to announce on 28 February 2011.
Following the announcement, made on 22 October 2010, that the Board anticipated Group earnings to be ahead of expectations, the Board can now confirm that earnings for the full year will be in line with upwardly revised market expectations.
Commenting, Andy Hogarth, Chairman and Chief Executive, said:
"We have continued to make significant progress this year as well as to benefit from recent acquisitions. We are also encouraged by the ongoing levels of interest in our products and services from new clients; we continue to actively seek acquisition opportunities to invest further in our expansion."
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For further information, please contact: |
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Staffline Group plc |
0115 950 0885 |
Andy Hogarth, Executive Chairman |
0793 1175775 |
Tim Jackson, Finance Director |
0772 0458626 |
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Smithfield |
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Debbie Potts / Vikki Kosmalska |
0207 360 4900 |
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About Staffline
Staffline Group plc is a recruitment organisation specializing in food processing, manufacturing, e-retail and logistics. Staffline provides and manages industrial workforces and uses training and business improvement techniques to ensure increased levels of efficiency to give their clients a significant commercial advantage. Operating from 150 locations in the UK Staffline supply in excess of 17,000 blue collar workers each day, peaking at over 20,000 in December. Brands include Staffline Express, the High Street branch operation, OnSite based on clients premises, Peter Rowley a national training and consultancy organisation and OSP a specialist volume recruitment call centre.
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