RTC Group PLC Trading update and notice of results (7706A)

TIDMRTC

RNS Number : 7706A

RTC Group PLC

24 January 2020

RTC Group plc

("RTC" or the "Group")

Trading update and notice of results

The Board of RTC is pleased to provide a positive trading update for its financial year ended 31 December 2019, advising that it is trading in line with current market expectations.

The Company expects to announce its preliminary results on or around 24 February 2019.

Bill Douie, Chairman, said:

"The performance of the Group and improvement in the net debt position is extremely pleasing and encouraging, especially in light of the uncertainty surrounding the UK economy.

I believe our results are a clear endorsement of the strategic path being followed by the Group and I remain cautiously confident in our ability to deliver continued growth across all areas of our business."

Ends

Enquiries:

 
 RTC Group plc                                          Tel: 01332 861 
  Bill Douie, Executive Chairman                         844 
  Andy Pendlebury, CEO 
  Sarah Dye, Group Finance Director 
 SPARK Advisory Partners Limited (Nominated Adviser)   Tel: 0203 368 
  Matt Davis / Mark Brady                               3550 
  www.Sparkadvisorypartners.com 
 Whitman Howard Limited (Broker)                       Tel: 020 7659 
  Nick Lovering                                         1234 
  www.Whitman-howard.com

About RTC

RTC Group Plc is an AIM listed recruitment business that focuses on white and blue-collar recruitment, providing temporary and permanent labour to a broad range of industries and customers in both domestic and international markets through its geographically defined operating divisions.

UK division

Through its Ganymede and ATA Recruitment brands the Group provides a wide range of recruitment services in the UK.

Ganymede specialise in recruiting the best technical and engineering talent and providing complete workforce solutions to help build and maintain infrastructure and transportation for a wide range of UK and international clients. Ganymede is a market leader in providing a diverse range of people solutions to the rail, energy, construction, highways and transportation sectors. With offices strategically located across the country, Ganymede provides its clients with the benefit of a national network of skilled personnel combined with local expertise.

ATA Recruitment provide high-quality technical recruitment solutions to the manufacturing, engineering and technology sectors. Working as an engineering recruitment partner supporting businesses across the UK and Europe, ATA Recruitment has a strong track record of attracting and recruiting the best engineering talent for our clients. ATA's regional offices which are strategically located in Leicester and Leeds each have dedicated market-experts to ensure ATA delivers excellence to both our clients and candidates.

International division

Through its GSS brand the Group works with customers across the globe that are focused on delivering projects in a variety of engineering sectors. GSS has a track record of delivery in some of the world's most hostile locations. Working closely with its customers GSS provides contract and permanent staffing solutions on an international basis, providing key personnel into new projects and supporting ongoing large-scale project staffing needs. GSS typically recruit across a range of disciplines and skills from operators and supervisors, through to senior management level.

The Group headquarters are located at the Derby Conference Centre which also provides office accommodation for its operating divisions in addition to generating rental and conferencing income from space not utilised by the Group.

www.rtcgroupplc.co.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

TSTEALFDADEEEFA

(END) Dow Jones Newswires

January 24, 2020 02:00 ET (07:00 GMT)

Rtc (LSE:RTC)
Historical Stock Chart
From Mar 2024 to Apr 2024