Staffline says current trading line with market views

Staffline said current trading is in line with market expectations and directors were confident of the group's growth prospects with the "Burst the Billion" £1bn revenue target still very much on track.

"Following the record year of 2016 which saw significant growth in the number of our Staffing divisions OnSites and good progress as a fully integrated business from our PeoplePlus division, Staffline has continued to make excellent progress in the new financial year," said CEO Andy Hogarth.

"The Staffing division has continued to perform well with strong demand for its services from both new and existing customers," he said in notes for an AGM statement.

"The number of OnSites continues to grow. We are still seeing no change in demand following the EU Referendum Vote and the Group continues to source record numbers of workers to supply this demand."

In PeoplePlus, the group's Employability, Training and Skills division, the company was seeing the benefits of the reorganisation of the division in 2016. The new business pipeline remained strong and it continue to bid for and win new contracts.

"As a result, we are pleased to confirm that current trading is in line with market expectations and the Board remains confident of the Group's growth prospects with the "Burst the Billion" £1 billion revenue target still very much on track."

At 9:20am: (LON:STAF) Staffline Group PLC share price was -5p at 1245p