RTC Group PLC Trading update (1119N)
October 21 2016 - 2:00AM
UK Regulatory
TIDMRTC
RNS Number : 1119N
RTC Group PLC
21 October 2016
RTC Group plc
("RTC" or the "Company")
Trading update
RTC today announces that whilst trading in the first half of
2016 was in line with expectations, the second half has seen delays
in the commencement of infrastructure projects that are impacting
our trading. These delays have affected the short term performance
of ATA, primarily in their permanent vertical market
activities.
As a consequence of these delays, the results for the full year
are expected to be lower than current market expectations.
The directors expect these infrastructure projects to commence
in the near future and they remain confident in the overall future
prospects of the business.
Ganymede continues to perform well and in line with
expectations.
ENDS
Enquiries:
RTC Group plc
Bill Douie, Executive Chairman Tel: 01332
Andy Pendlebury, CEO 861 844
Sarah Dye, Group Finance Director
WH Ireland (Nominated Adviser and Tel: 0113
Broker) 394 6600
Katy Mitchell
About RTC
RTC has three principal trading subsidiaries engaged in the
recruitment of human capital resources and the provision of managed
services.
ATA provides engineering and technical recruitment
consultancies. Supplying predominantly white and grey collar
engineering and technical staff to a broad range of SME clients and
vertical markets.
Ganymede is focussed on the supply and operation of blue collar
contingent labour into safety critical markets.
Global Staffing Solutions predominantly provides managed service
solutions for international clients.
www.rtcgroupplc.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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