AIM-listed RTC Group (RTC:LON) said in its most-recent trading update that it is trading on a “positive trajectory” with trading levels ahead of the same period in 2023. 

“I am extremely confident we are making significant progress on all fronts,” Andy Pendlebury, executive chairman and chief executive, said. “The Board is confident of the trading prospects of the company in the current financial year.

RTC Group focuses on white and blue-collar recruitment, providing temporary and permanent labour to a broad range of industries and customers in the UK as well as international markets through the GSS brand.

Pendlebury said, “The company trades without long-term gearing and continues to build its balance sheet through the generation of strong operating cash flows.”

“Furthermore, and as I have previously stated, our key strategic objectives moving into 2024 are to continue to take advantage of our favourable positioning in solid markets to enhance profitability and support our strategy of returning cash through dividends to our shareholders,” he added. “Longer-term we aim to further build shareholder value through our diverse and growing order book, and to strengthen the group board for better and broader governance.”

“I am extremely confident we are making significant progress on all fronts,” Pendlebury said. “The Board is confident of the trading prospects of the company in the current financial year.”