News blog
Pinnacle Staffing
- BY: Andrew Hore |
- POSTED: 29/07/2009 |
Pinnacle Staffing believes that it can move back into profit in 2009.
The temporary and permanent healthcare staff provider expects to report a loss of £425,000 on revenues of £19.3m in the first half of 2009 but a rise in second half turnover should mean that Pinnacle reports a small full year profit. Pinnacle lost £7.21m last year, although the underlying loss excluding amortisation and depreciation was £600,000.
The nursing division is trading in line with budget. Revenue growth from the contract with the Bristol and Weston NHS Purchasing Consortium has been lower than expected.
At 3p a share, down 0.5p on the day, Pinnacle is valued at £2.78m. The share price is still double what it was six months ago.
© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- News Blog
- All micro news
Quoted Micro 8 March 2021
AIM 50 Digest 5 March 2021
Quoted Micro 1 March 2021
EIS Crowd 26 February 2021
Chapel Down sells Curious Drinks
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|