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RTC Group

  • BY: Andrew Hore |
  • POSTED: 21/01/2014 |

Recruitment services provider RTC Group says that its 2013 pre-tax profit will be better than expected. 

The RTC share price increased by more than one-third to 20.5p, which values the company at 27.6m.

Revenues were in line with expectations but there was an improvement in gross margin. Admin expenses have been kept in check.

Interim revenues rose 14% to 23.4m, while pre-tax profit fell from 201,000 to 5,000. Gross margin declined in the first half so there was a recovery in the second half.

RTC is involved in recruitment for engineering, rail and international markets.

The 2013 figures will be published on 19 March.

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