STAFFLINE GROUP PLC (STAF) — H1 2024 results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the STAFFLINE GROUP PLC Investor Presentation. Throughout this recorded meeting, investors will be in listen only mode. Questions are encouraged and can be submitted at any time by the Q and A tab situated in the right hand corner of your screen. Simply just click Q and A, scroll to the bottom, type your question and press send. Company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, we'd like to submit the following poll. I'd now like to hand you over to Albert Ellis, CEO. Good morning, sir. Good morning, everybody, and thank you so much for joining us earlier this morning than usual. Bright and and breezy. I've got with me Daniel Quint, the group's CFO. I'm the group's CEO, and we're delighted to bring you the results for the first half to 06/30/2024. Moving quickly on to the highlights. The theme of this presentation and these results, as you will see, it occurs underlying trading results in line with market expectations. Within however, there are a number of variances. Recruitment has been particularly strong. We're delighted to have sort of gained market share in the last twelve months, eighteen months. We've had a strategy for strong organic growth, and you'll see those results coming through very strongly in the that division's results, and I'll I'll get on to that in the operating review. I don't need to reemphasize the importance that we we place on the hours worked. That's a driver of revenue and profits for us, and our hours worked are up 9%. Despite the challenges in the recruitment market, the perm performance has been surprisingly good. I'll get onto the r...