RTC Group PLC AGM Trading Update
RNS Number : 5776P
RTC Group PLC
17 June 2020
This announcement contains inside information as stipulated
under The Market Abuse Regulation (EU No. 596/2014).
17 June 2020
RTC Group Plc
("RTC", "the Company" or "the Group")
AGM trading update
RTC Group Plc will hold its Annual General Meeting at 12 noon
today. At the meeting, S L Dye, will take the Chair, and will make
the following statement:
"As anticipated in our statement on 28 April 2020, due to the
COVID-19 situation, some disruption has been experienced in Q2.
We continued to provide contract workers to the infrastructure
and railway transportation sectors but at reduced levels from Q1.
General UK recruitment and smart-meter installation activities were
significantly impacted by the lockdown and our hotel and conference
centre remained closed in line with Government instruction.
Internationally our activities remained largely unaffected.
The Directors believe that the number of contract workers
required in the infrastructure and railway transportation sectors
will increase in Q3 and smart-meter installation activity will
The Board still believe that it is too early to quantify the
impact of COVID-19 on revenues and operational profits for the full
calendar year 2020. The Company's interim results for the six
months ended 30 June 2020 will be published on or around 3 August
2020 when a further update will be issued."
S L Dye, Chair.
RTC Group Plc Tel: 0133 286 1835
Bill Douie, Chairman
Andy Pendlebury, Chief Executive
SPARK Advisory Partners Limited (Nominated Adviser) Tel: 0203 368 3550
Matt Davis / James Keeshan
Whitman Howard Limited (Broker) Tel: 020 7659 1234
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.
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. 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.
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.
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.
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June 17, 2020 02:00 ET (06:00 GMT)
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