Staffline flags spike in food sector recruitment demand amid pandemic
The recruiter said it is "well-placed" to deal with this surge
Company
Staffline Group PLC
LON:STAF
Staffline is the UK’s leading provider of flexible, temporary and permanent workforce solutions, enabling over 40,000 people into good work every day. The company has two business divisions: PeoplePlus helps unemployed people in to work, provides skills training, apprenticeship programmes and supports people into independent living. Staffline Recruitment’s OnSite services include supporting food production, logistics, manufacturing and automotive sectors, where it is located on over 350 sites in the UK and Ireland.
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Staffline CEO to leave, talks with banks ongoing
Staffline said net debt at 31 December is expected to be £60mln, 5% lower than in 2018
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Staffline stumbles as it warns on 2019 profits and slumps to half-year loss
The recruiter blamed a delay to the publication of its 2018 results as well as the “unprecedented levels of uncertainty” associated with Brexit for its woes
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Staffline swung to a loss in 2018 after setting aside a £15.1mln provision for remediation and expected fines for underpaying workers.
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A look back at some of this week's more interesting stories from London's junior market
Staffline scraps dividend as it plans to raise £37mln to cut net debt
Staffline raised the expected costs associated with a breach of UK wage rules to £15.1mln from an earlier estimate of £7.9mln
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Small cap movers: Yu Group manages to keep the lights on and avoid energy firm graveyard
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Thomas Cook slumps again as debt-for-equity swap or emergency rights issue is expected
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Staffline's terrible year continues as it issues Brexit-related profit warning
You thought Staffline's problems were temporary? They now appear to be permanent
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Staffline soars on AIM restoration as accounting blunder fails to dent performance
The recruitment firm’s shares were previously suspended at the end of January after it delayed the publication of its final results amid concerns over its invoicing and payroll practices
Eve Sleep has spring in its step after management clear-out
A look at the day's major movers, including UniVision, Autins, Sigma Capital, PRS REIT, Forbidden Technologies, Staffline and Mothercare
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Small-cap movers: More accounting headaches for AIM as Staffline suspended over payroll and invoicing concerns
A look back at some of the more interesting stories from the junior market over the past week
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Serabi Gold shines as it increases strike extensions at Coringa project
A look at some of the biggest risers and fallers in London on Wednesday
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FTSE 100 closes higher with gains across all major sectors
The UK index of leading shares finished over 107 points ahead at 6,941, while the FTSE 250 also closed strongly
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Fed statement to take centre stage on Wednesday
Not much is expected in the way of rate changes from the Fed, so the press conference from chair Jerome Powell will be holding most of the attention
Investments and investor services
Staffline's slide a temporary problem, Liberum asserts
A look at the day's major movers, including Footasylum, Enteq, Accrol, Codemasters and Sopheon