Staffline says full-year trading expected to be in line with market expectations although net debt has risen
The AIM-listed recruitment and training group said its revenues are anticipated to be around 18% higher than the £957.8mln reported for 2017
Company
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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The AIM-listed recruitment and training group said its revenues are anticipated to be around 18% higher than the £957.8mln reported for 2017
The contracts will boost the Staffline's share of the prison education market to 25%
Investments and investor services
The UK blue-chip benchmark finished around 41 points lower at 6,692
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The clothing retailer is the first of a deluge of updates from the sector expected over the next few weeks, with many forecasting a sharp downturn for the traditionally busy trading period
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There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
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There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
The UK blue-chip index closed around 50 points lower at 7,658, while FTSE 250 was also down - over 99 points at 20,753
Investments and investor services
Among Wednesday's names are ITV, GlaxoSmithKline, Indivior, and Tullow Oil
In a trading update ahead of its interim results, the recruitment and training firm said its recruitment division had continued to perform strongly despite a tight labour market
Investments and investor services
Wednesday is US Independence Day, meanwhile, the hangover from England's big game may leave London welcoming a light diary.
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The week ahead will see quarterly results from Sainsbury's and AB Foods, trading updates from Bovis Homes and Persimmon, and full year earnings from SuperDry
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A glance at some of the day's highlights from the Proactive Investors newswire
Staffline in the UK’s largest temp agency and this division has continued to perform strongly
The FTSE 250-listed firm said Nick Wharton will remain a director of the company and Superdry’s chief financial officer until July 16
Investments and investor services
“If he intended it, Treasury Secretary Steven Mnuchin has done a first class job of whacking the dollar,” declared Neil Wilson at ETX Capital. .
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The day ahead includes trading updates from Wetherspoons, WH Smith, Fevertree and Sage Group
Credit Suisse has adjusted its ratings and target prices on a number of business service stocks
Although results should be "in line", the recruiter will fall some £40mln shy of its ambition to clock up £1bn in annual revenues
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The recently-announced sale of Horlicks may be the sign of an increased focus on the drugs pipeline