Business
Trading Update
Trading Update.
About this update from Rtc Group Plc
[{"type":"text","content":"\n \nRNS Number : 3577N RTC Group PLC 29 January 2016 \n\n \nRTC Group plc \n \n(\"RTC\", or the \"Company\" or the \"Group\")\n \nTrading update and notice of results\n \n \nThe Board of RTC (AIM: RTC.L) is pleased to provide a positive trading update for its financial year ended 31 December 2015, advising that it is trading in line with current market expectations.\n \nIn terms of our Group businesses, this positive news reflects:\n \n· the successful mobilisation of the five year Network Rail contract entered into by Ganymede in April with revenues building to target levels and with all costs of mobilisation fully charged in the year; \n· a very strong performance from ATA with efficiency continuing to improve through consultant training, continual process improvement and technology enhancements; \n· continual, albeit reduced revenues from GSS with new long term international opportunities yet to be crystalised; and\n· The Derby Conference Centre exceeding management expectations for the year in a highly competitive local market.\n \nThe Group expects to announce its preliminary results on 7 March 2016. \n \nAndy Pendlebury, CEO, said:\n \n\"These positive results show that the strategy established by the Group Board to grow the business is making solid progress and I believe we now have a sound platform for long term sustainable growth.\"\n \n \nEnquiries:\n \n\n\n\n\nRTC Group plc\nBill Douie, Executive Chairman\nAndy Pendlebury, CEO\nSarah Dye, Group Finance Director\n\n\n \n \nTel: 01332 861 844\nTel: 07766 505 402\n\n\n\n\n \n\n\n\n\nWH Ireland (Nominated Adviser and Broker)\nKaty Mitchell / Liam Gribben\n \n\n\nTel 0113 394 6600\n\n\n\n\n \n \n\n\n \nAbout RTC\nRTC has three principal trading subsidiaries engaged in the recruitment of human capital resources and the provision of managed services.\n \nATA 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.\n \nGanymede is focussed on the supply and operation of blue collar contingent labour into safety...