Recruitment group’s revenues rise by £50m
Recruitment and training group Staffline has shrugged off a challenging market to increase half-year revenues by £50m.
The Nottingham-headquartered business generated £480m revenues in the first half of 2024, a 12% increase on the previous year.
However Staffline recorded a pre-tax loss of £12.1m, but this was caused by a non-cash impairment charge of the goodwill value of its PeoplePlus division.
Albert Ellis, chief executive of Staffline, said: "With the widely reported downturn in the recruitment sector, I am delighted ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
