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Staffline ( (GB:STAF) ) has provided an update.
Staffline Group PLC reported robust financial results for FY 2024, with a 12.8% increase in revenue and a significant rise in net cash, reflecting strong market share gains and operational efficiency. The company’s recruitment divisions in Great Britain and Ireland saw considerable growth, driven by increased demand from key sectors like supermarkets and logistics, while PeoplePlus secured new contracts despite market challenges. The company remains optimistic for FY 2025, despite macroeconomic uncertainties, given its solid market position and strategic customer relationships.
More about Staffline
Staffline Group PLC is a leading UK-based recruitment and training company with three main divisions: Recruitment GB, Recruitment Ireland, and PeoplePlus. Recruitment GB provides flexible blue-collar workers across industries such as supermarkets, logistics, and manufacturing. Recruitment Ireland offers end-to-end solutions, including temporary and permanent staffing across both public and private sectors in Ireland. PeoplePlus focuses on employability, adult training, and prison education, supporting disadvantaged individuals and providing social value services.
YTD Price Performance: -17.09%
Average Trading Volume: 143,412
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £25.96M
Find detailed analytics on STAF stock on TipRanks’ Stock Analysis page.
