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UK – Staffline meets market expectations

07 January 2013

Outsourcing specialist Staffline (STAF:LSE) confirmed in a brief trading update on Monday that earnings for the full year will be in line with market expectations. Chief executive Andy Hogarth said: “We continue to make steady progress and remain well placed to continue to capitalise on a number of strategic opportunities that exist across our business.”

The firm is due to announce full-year results towards the end of next month.

The company acquired Birmingham-based recruiter, GB Resourcing last month. Staffline targeted selective bolt-on acquisitions in 2012 as part of its business strategy to expand customer base and revenue mix.

Staffline specialises in outsourcing personnel to the industrial sector and ranks among the 20 largest staffing providers in the UK.

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