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Staffline Group PLC Ord 10P (STAF)

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26-Apr-2021 07:25 AM

Staffline forecasts annual earnings beat after rise in first quarter

Recruitment and training group Staffline said its first-quarter underlying profit had more than doubled, beating expectations and providing it with confidence for the full year. Underlying operating profit for the three months trough March had increased
01-Feb-2021 07:20 AM

Staffline forecasts marginal annual earnings beat

Recruitment and training company Staffline forecast an underlying operating profit 'marginally ahead' of market expectations. Revenue, underlying earnings, working capital and cash generation had all improved in the second half of the year thro
10-Dec-2020 10:04 AM

Staffline reveals board changes after restructuring

Recruitment and training group Staffline has appointed Ian Starkey and Catherine Lynch as non-executive directors with effect from 1 January 2021, and its interim CFO Daniel Quint will become permanent from 1 February 2021. Starkey will chair the group&
20-Nov-2020 09:25 AM

Staffline subsidiary sells apprenticeships business to refocus on core operations

Recruitment and training company Staffline has agreed to sell its apprenticeships business to Babington Business College. In an announcement this morning, Staffline said its PeoplePlus division had agreed the sale 'for a nominal fee'. The tran
30-Jun-2020 09:41 AM

Staffline losses deepen in year marred by accounting errors

Recruitment and training company Staffline reported a deeper annual loss after the business was rocked by accounting errors. Pre-tax losses for the year through December amounted to £48.1m, compared to a restated loss in 2018 of £17.8m. Reve
19-Jun-2020 07:27 AM

Staffline to report small operating loss; unaware of reason for share price rise

Recruitment and training company Staffline said it expected to report an operating loss for 2019, while stating that it was unaware of any reason for a recent rise in its share price. The company said it now expected to report a 'small' loss at
25-Mar-2020 01:30 PM

Broker Forecast - Liberum Capital issues a broker note on Staffline Group PLC

Liberum Capital today reaffirms its buy investment rating on Staffline Group PLC (LON:STAF) and cut its price target to 25p (from 100p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
31-Jan-2020 09:40 AM

Broker Forecast - Liberum Capital issues a broker note on Staffline Group PLC

Liberum Capital today reaffirms its buy investment rating on Staffline Group PLC (LON:STAF) and cut its price target to 100p (from 125p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
31-Jan-2020 08:04 AM

Staffline warns of 'material' earnings miss; reviewing options to cut debt

Recruitment company Staffline, already reeling from accounting error problems, warned of adjusted earnings 'materially below' its most previous guidance. The company said that it and new auditors Grant Thornton had identified a need to increase
18-Dec-2019 02:00 PM

Broker Forecast - Berenberg issues a broker note on Staffline Group PLC

Berenberg today reaffirms its hold investment rating on Staffline Group PLC (LON:STAF) and cut its price target to 75p (from 130p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-Dec-2019 09:50 AM

Broker Forecast - Liberum Capital issues a broker note on Staffline Group PLC

Liberum Capital today reaffirms its buy investment rating on Staffline Group PLC (LON:STAF) and cut its price target to 125p (from 190p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-Dec-2019 07:44 AM

Staffline warns on profits and identifies accounting errors; CFO leaves

Recruitment and training group Staffline warned on profits for the current year and said it had identified accounting errors in its previous year's results, triggering the immediate departure of chief financial officer Mike Watts. Adjusted operating
17-Sep-2019 07:46 AM

Staffline swings to loss as delayed results release, Brexit uncertainty bite

Recruitment and training group Staffline swung to a first-half loss that it pinned on the delayed publication of its 2018 results and a challenging trading environment. Pre-tax losses for the six months through June amounted to £7.7m, compared to l
28-Jun-2019 09:40 AM

Broker Forecast - Berenberg issues a broker note on Staffline Group PLC

Berenberg today downgrades its investment rating on Staffline Group PLC (LON:STAF) to hold (from buy) and cut its price target to 150p (from 1250p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
17-Jun-2019 07:14 AM

Staffline to scrap dividend, raise capital as wage rule breach costs rise

Recruitment and training company Staffline Group said it would scrap its dividend and raise £37m from a share issue to cut debt, as it upped the expected costs associated with an historical breach of UK wage rules. The company said it expected to r
17-May-2019 08:20 AM

Broker Forecast - Liberum Capital issues a broker note on Staffline Group PLC

Liberum Capital today reaffirms its under review investment rating on Staffline Group PLC (LON:STAF) and cut its price target to 800p (from 1320p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
17-May-2019 07:42 AM

Staffline warns on profit due to Brexit uncertainty, results release delay

Recruitment and training company Staffline Group warned on profits after Brexit uncertainty spooked the labor market and it delayed the release of its annual results. The company said it now expected to deliver adjusted operating earnings of £23m-
30-Apr-2019 08:08 AM

Staffline delays results release as it reviews minimum wage law compliance

Recruitment company Staffline Group said it would miss an end of April deadline for reporting its annual results while it reviews its compliance with minimum wage rules. Staffline had last month appointed legal advisers to conduct an independent review f
12-Mar-2019 09:15 AM

Staffline incurs extra costs related to worker underpayment probe

Recruitment company Staffline Group said it would book higher costs related to a probe into its under-payment of workers. A review into the companies payroll practices commenced after a third party raised a complaint in January Staffline said potential
08-Jan-2019 07:57 AM

Staffline sees annual revenue rising 18%; offset by transformation costs

Recruitment agency and training group Staffline said it expected its annual revenue to rise by around 18%, though it warned that one-off costs would push up its debt levels. Revenue for the year through December was expected to rise to around £957.
30-Jul-2018 09:30 AM

Broker Forecast - Credit Suisse issues a broker note on Staffline Group PLC

Credit Suisse today reaffirms its underperform investment rating on Staffline Group PLC (LON:STAF) and raised its price target to 950p (from 900p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
17-May-2018 08:16 AM

Staffline trading in line with expectations

Staffline, the recruitment organisation, traded in line with board and market expectations in the first four months of the year. Chris Pullen, chief executive officer of the group, said despite a tight labour market, the recruitment division has continue
02-May-2018 08:50 AM

Broker Forecast - Credit Suisse issues a broker note on Staffline Group PLC

Credit Suisse today downgrades its investment rating on Staffline Group PLC (LON:STAF) to underperform (from neutral) and cut its price target to 900p (from 1000p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagaz
29-Jan-2018 01:30 PM

Broker Forecast - Credit Suisse issues a broker note on Staffline Group PLC

Credit Suisse today upgrades its investment rating on Staffline Group PLC (LON:STAF) to neutral (from underperform) and left its price target at 1000p. Story provided by StockMarketWire.com...
24-Jan-2018 09:52 AM

Staffline underlying profit falls

Staffline booked a small fall in underlying annual profit after a strong performance from its recruitment division was offset by weaker earnings at its welfare-to-work training division. Pre-tax profit in the year through December grew by 28% to £2
 
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