RTC Group Plc
(“RTC”, “the Company” or “the Group”)
Interim Results for the Six Months Ended 30 June 2016
RTC Group Plc is pleased to announce its interim results for the six months ended 30 June 2016.
Highlights:
- Group revenue from continuing operations £34.1m (2015: £29.5m) up 16%
- Group profit from operations (before amortisation of intangibles) £0.6m (2015: £0.5m)
- Cash inflow from operations £1m (2015: £0.8m outflow)
- Basic earnings per share 2.83p (2015: 2.47p)
The Directors propose an interim dividend of 1.1p per share (2015: 1.0p). The Company has a progressive dividend policy. Subject to approval of the Directors, the interim dividend will be paid on the 30 November 2016 to shareholders on the register on 4 November 2016.
Commenting on the results Bill Douie, Chairman, said:
“I am pleased to be able to present another successful half year for the Group.
During the second half of the year we expect Ganymede to perform in a consistent manner to the first half and whilst unsettled political and economic conditions may impact on certain sectors of the recruitment industry, we remain optimistic of the long-term opportunities in the infrastructure sectors we support.”
The interim report is available on the Company’s website www.rtcgroupplc.co.uk.
ENDS
RTC Group plc
Bill Douie, Executive Chairman
Andy Pendlebury, CEO
Sarah Dye, Group Finance Director
Tel: 01332 861 844
WH Ireland (Nominated Adviser and Broker)
Katy Mitchell / Liam Gribben
Tel: 0113 394 6600
About RTC
RTC has three principal trading subsidiaries engaged in the recruitment of human capital resources and the provision of managed services.
ATA is one of the UK’s leading engineering and technical recruitment consultancies. Supplying white and blue collar engineering and technical staff to a broad range of SME clients and vertical markets.
Ganymede is focussed on the supply and operation of blue collar contingent labour into safety critical markets.
Global Staffing Solutions (GSS) predominantly provides managed service solutions for international clients.
RTC also has a hotel and conference centre, the Derby Conference Centre, that also houses the Group’s headquarters.