REG - RTC Group PLC - AGM trading update

RTCAnnouncement

21/05/2025 07:00

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RNS Number : 4839J  RTC Group PLC  21 May 2025

21 May 2025

 

Certain information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 596/2014 ("MAR") as applied in the United Kingdom. Upon
publication of this Announcement, this information is now considered to be in
the public domain.

 

 

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, A M Pendlebury, Executive Chairman and Chief Executive, will make the
following statement:

 

"I was delighted to report another year of record profit after tax and
positive cash generation in 2024 resulting in a further increase in dividend
for our shareholders. This was achieved notwithstanding the well-publicised
challenges faced by the rail sector during the period."

 

In the first quarter of 2025 the Company continued its trajectory of positive
trading and cash generation.

 

As we enter quarter two of 2025, we are beginning to witness the impact that
the government's increases to employer's NI contributions and minimum wage are
having on companies' appetite to recruit workers. Whilst this is clearly
concerning, we believe our strategy of positioning the Group across targeted
sectors sees it well placed to capitalise on new and emerging growth
opportunities as they arise.

 

I would like to remind shareholders that the Group retains a clean balance
sheet and continues to build its balance sheet through the generation of
strong operating cash flows.

 

The Company's interim results for the six months ended 30 June 2025 will be
published on or around 28 July 2025."

Enquiries:

 

 RTC Group Plc                                                          Tel: 0133 286 1842
 Andy Pendlebury, Chairman and Chief Executive

 SPARK Advisory Partners Limited (Nominated Adviser)

                                                                                     Tel: 0203 368 3550
 Matt Davis / Mark Brady

 www.Sparkadvisorypartners.com (http://www.Sparkadvisorypartners.com)

​
 SI Capital (Broker)                                                      Tel: 0148 341 3500

 Nick Emerson

 Sam Lomanto

 www.sicapital.co.uk (http://www.sicapital.co.uk)

 

About RTC

Group at a glance

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 brands the Group provides a wide range of
recruitment services in the UK.

Ganymede specialises 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 customers. 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 customers with
the benefit of a national network of skilled personnel combined with local
expertise.

Ganymede tailors its solutions to suit its customers' needs. Whether it is
recruiting permanent and temporary technical, engineering and safety-critical
roles or providing fully managed workforce solutions of recruitment, training,
account management, contingent labour and fleet provision, Ganymede works
closely with its customers to understand their requirements, keeping their
goals in mind every step of the way.

ATA provides high-quality technical recruitment solutions to the
manufacturing, engineering, and technology sectors. Working as an engineering
recruitment partner supporting businesses across the UK, ATA has a strong
track record of attracting and recruiting the best engineering talent for its
customers. ATA's regional offices which are strategically located in Leicester
and Leeds each have dedicated market experts to ensure ATA delivers excellence
to both its customers 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

Internationally, through our GSS brand we work with customers across the globe
that are focused on delivering projects in a variety of 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 recruits across a range of disciplines and skills from operators and
supervisors, through to senior management level.

www.rtcgroupplc.co.uk (http://www.rtcgroupplc.co.uk)

 

 

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