News blog

RTC Group

  • BY: Andrew Hore |
  • POSTED: 26/02/2019 |

Engineering and technical staff provider RTC Group improved revenues and profit last year as all the company’s operations made progress. 

Revenues were 22% ahead at £87.8m and pre-tax profit was 58% higher at £1.9m. Net debt was £4.55m at the end of 2018.

The total dividend has been raised by 10% to 3.85p a share.

Blue collar labour provider Ganymede remains the largest profit contributor with a divisional profit of £1.92m, thanks to strong rail demand, while engineering recruitment business ATA contributed £1.65m. The fastest profit growth came from international managed recruitment services provider GSS, where the profit contribution increased from £537,000 to £908,000. The increase in central costs was relatively modest.

The share price increased by 14% to 64p, which means that the historic multiple is just over six. 

© 2019 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

News Blog
All micro news

Northern Bear

Roofing and building services provider Northern Bear directors say they will not accept the 72p a share tender offer from Cedarvale Holdings. 

Continue reading... | 21/10/2019

LiDCO Group

Patient monitoring devices supplier LiDCO increased its product revenues by 10% in the year to July 2019. 

Continue reading... | 21/10/2019

Quoted Micro 14 October 2019

Continue reading... | 14/10/2019

Hague and London Oil

Former Aim company Hague and London Oil reported a decline in revenues in the first half of 2019, but it moved from loss to profit, but this was due to a gain on derivative instruments. 

Continue reading... | 13/10/2019

All micro news

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds