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Staffline Group

  • BY: Andrew Hore |
  • POSTED: 18/06/2010 |

Outsourced recruitment services provider Staffline Group says that its interim earnings will be “significantly ahead of current expectations”.

Staffline says that the full year profit figure will also be well above the £4.2m forecast by house broker Altium.

Staffline has won new business but the growth is partly down to companies using temporary labour because of the economic uncertainty. Staffline warns that this may not continue, although June has continued to be strong. Margins are still under pressure.

At 84p a share, up 13p on the day, Staffline is valued at £17.8m.

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