News blog

RTC Group

  • BY: Andrew Hore |
  • POSTED: 26/01/2015 |

Recruitment services provider RTC Group says that 2014 trading was broadly in line with expectations thanks to strong performances from all parts of the business. 

The profit will be marginally ahead of expectations. Allenby had estimated a pre-tax profit of £950,000 on revenues of £53m. In 2015, it forecasts a profit of £1.2m.

RTC is set to benefit from the continued investment in the UK rail industry.

At 42.5p a share, RTC is valued at £5.74m. The shares are trading on less than nine times expected 2014 earnings, falling to seven for 2015.

The 2014 figures will be published on 9 March.

AIM Journal January 2015 available.

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