image

The best stocks to buy since 1993

Latest issue now available

Staffline - Eps forecast lifted from 107.6p to 117p

February 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • STAF
  • Price:
  • 1350p
With some recruiters recently saying trading has been soft, I had that heart in my mouth feeling ahead of FY 15 results. But once again chief executive Andy Hogarth proved a safe pair of hands. Overall sales were up 40% to £702m (17% organic), pretax profit before exceptionals was up 52% to £28.3m and eps were up 55% to 92.4p. And speaking to Hogarth, it seems things are going swimmingly well to achieve the £1bn sales target next year with record new business in Q1 16.Staffline’s Staffing side saw record organic growth in its Onsite business and having added 32 Onsites in H1, it added 38 in H2, making 70 for the year to total 305. Of those, 52 were organic openings and 18 came from the two acquisitions of Mi ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe