Staffline, the Nottingham-based recruitment and training group, is “confident” that it is on track to deliver results in line with expectations, it has shared in a trading update ahead of its Annual General Meeting (AGM).
It comes as “positive momentum” reported across the final quarter of 2023, has continued into the first four months of 2024.
In particular, Staffline noted that it is encouraged with the performance of its recruitment businesses, which supported strong trading cashflow performance, that is ahead of management expectations.
Recruitment GB has seen a year-on-year uplift in temporary worker hours, up 8.6% for the first 19 weeks of 2024 compared to the prior year, as a result of new sites awarded with Tesco, Sainsbury’s, GXO Logistics and Wincanton.
Recruitment Ireland has reported permanent fees up 25% in the first quarter and PeoplePlus remains cautiously optimistic in its bid pipeline.
Reflecting on the progress, Staffline said: “The Board remains confident that the Group is on track to deliver results in line with management expectations for the full year.”
