News blog
Staffline Group
- BY: Andrew Hore |
- POSTED: 04/01/2010 |
On site staffing provider Staffline says that trading is in line with the revised market expectations published in November.
Analysts forecast 2009 profits of £3.5m. New business wins and cost cutting are helping Staffline to weather the tough economic conditions.
Shares in Staffline rose 2p to 79.5p each, which values the company at £16.9m. The shares are trading on just over seven times 2009 earnings. A forecast dividend of 3p a share for 2009 would provide a 3.8% yield.
The 2009 figures will be published on 2 March.
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