This announcement contains inside information as stipulated under The Market Abuse Regulation (EU No. 596/2014).
21 April 2021
RTC Group Plc
("RTC", "the Company" or "the Group")
AGM trading update
RTC Group Plc will hold its Annual General Meeting at 12 noon today. At the meeting, S L Dye, will take the Chair, and will make the following statement:
"Throughout Q1 we continued to provide contract workers to the infrastructure and railway transportation sectors and internationally at similar levels seen in Q4 2020. General UK recruitment and smart-meter installation activities which were significantly impacted by the lockdowns in 2020 have picked up somewhat in the current financial year. Our hotel and conference centre provided bedroom and meeting room facilities to key workers in line with Government guidelines.
The Directors believe that the number of contract workers required in the infrastructure and railway transportation sectors, internationally and for smart-meter installation activity will continue at similar levels as Q1 in Q2 2021 with hotel and conference centre activities picking up slightly as restrictions are eased.
The Board still believe that it is too early to quantify the revenues and operational profits for the full calendar year 2021. The Company's interim results for the six months ended 30 June 2021 will be published on or around 26 July 2021."
S L Dye, Chair.
Enquiries:
RTC Group Plc | Tel: 0133 286 1842 |
Bill Douie, Chairman | |
Andy Pendlebury, Chief Executive | |
| |
SPARK Advisory Partners Limited (Nominated Adviser) Matt Davis / Mark Brady
| Tel: 0203 368 3550 |
Panmure Gordon (Broker) Nick Lovering
| Tel: 020 7886 2500 |
About RTC
RTC Group Plc is an AIM listed recruitment business that focuses on white and blue-collar recruitment, providing temporary and permanent labour to a broad range of industries and customers in both domestic and international markets through its geographically defined operating divisions.
UK division
Through its Ganymede and ATA Recruitment brands the Group provides a wide range of recruitment services in the UK.
Ganymede specialise in recruiting the best technical and engineering talent and providing complete workforce solutions to help build and maintain infrastructure and transportation for a wide range of UK and international clients. Ganymede is a market leader in providing a diverse range of people solutions to the rail, energy, construction, highways and transportation sectors. With offices strategically located across the country, Ganymede provides its clients with the benefit of a national network of skilled personnel combined with local expertise.
ATA Recruitment provide high-quality technical recruitment solutions to the manufacturing, engineering and technology sectors. Working as an engineering recruitment partner supporting businesses across the UK. ATA Recruitment has a strong track record of attracting and recruiting the best engineering talent for our clients. ATA's regional offices which are strategically located in Leicester and Leeds each have dedicated market-experts to ensure ATA delivers excellence to both our clients and candidates.
The Group headquarters are located at the Derby Conference Centre which also provides office accommodation for its operating divisions in addition to generating rental and conferencing income from space not utilised by the Group.
International division
Through its GSS brand the Group works with customers across the globe that are focused on delivering projects in a variety of engineering sectors. GSS has a track record of delivery in some of the world's most hostile locations. Working closely with its customers GSS provides contract and permanent staffing solutions on an international basis, providing key personnel into new projects and supporting ongoing large-scale project staffing needs. GSS typically recruit across a range of disciplines and skills from operators and supervisors, through to senior management level.
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