REG - Staffline Group PLC - New Business Update

StafflineAnnouncement

01/08/2023 07:15

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RNS Number : 8184H  Staffline Group PLC  01 August 2023

1 August 2023

Staffline Group plc

("Staffline", the "Company" or the "Group")

 

New Business Update

 

Staffline, the recruitment and training group, is pleased to provide the
following new business update regarding the Group's Recruitment GB division.

 

GXO Logistics, the world's largest pure-play contract logistics provider with
c$9bn in revenue, has awarded Recruitment GB the dedicated temporary labour
supply to a further 14 distribution centres across the UK for several major
High Street brands.  This award grows the Staffline share of GXO labour
supply business in the UK by an additional 40%.

 

Staffline has partnered with GXO Logistics for over 15 years and this award is
testament to the continuation of a fruitful strategic partnership and will
result in the generation of significant revenue growth to the business. GXO is
a world leader in providing cutting-edge logistics solutions for multinational
companies and blue-chip market leaders.

 

In addition, Recruitment GB has been awarded contract renewals with Marks and
Spencer ("M&S") and AM Fresh Group ("AM Fresh").

 

Following an extensive formal tender process, the continuation of our six year
strategic partnership with M&S is mainly at its 900,000 square foot,
leading edge, e-commerce logistics site and its primary online clothing &
home distribution centre in the heart of the East Midlands, Castle Donington.

 

Staffline and AM Fresh are jointly growing their existing partnership to a
'sole supply agreement' at its state-of-the-art facilities located in
Peterborough and Alconbury, Cambridgeshire.  Following an extensive review of
its agency labour provision, AM Fresh awarded sole supply on a multi-year
contract basis to Staffline.

 

Albert Ellis, Chief Executive Officer of Staffline commented:

 

"We are extremely pleased to announce these opportunities which are live and
coming on stream in H2 2023. We have grown our operational reach with these
hugely important customers, not only fulfilling a key strategic objective for
the Group, but further expanding our services with substantial and progressive
employers of choice and is testament to our strong operational and strategic
partnership approach to our valued customers."

 

 

For further information, please contact:

 

 Staffline Group plc                                                via Vigo Consulting

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

 Albert Ellis, Chief Executive Officer

 Daniel Quint, Chief Financial Officer

 Liberum (Nominated Adviser and Broker)                             020 3100 2222

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

 Richard Lindley / Satbir Kler

 Zeus (Joint Broker)                                                020 3829 5000

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

 David Foreman (Investment Banking)

 Nick Searle (Sales)

 Vigo Consulting (Financial PR)                                     020 7390 0230

 www.vigoconsulting.com (http://www.vigoconsulting.com)             Staffline@vigoconsulting.com

 Jeremy Garcia / Kate Kilgallen

 

About Staffline - Recruitment, Training and Support

Enabling the Future of Work™

Staffline is the UK's market leading Recruitment and Training group. It has
three divisions:

 

Recruitment GB

Staffline is a leading provider of flexible blue-collar workers, supplying
c.31,000 staff per day on average from around 400 sites, across a wide range
of industries including supermarkets, drinks, driving, food processing,
logistics and manufacturing.

 

Recruitment Ireland

The Recruitment Ireland business is a leading end to end solutions provider
operating across twenty industries, ten branch locations and ten onsite
customer locations, supplying c.4,500 staff per day on average, and offering
RPO, MSP, temporary and permanent solutions across the island of Ireland.

 

PeoplePlus Division

Staffline is the leading adult skills and training provider in the UK,
delivering adult education, prison education and skills-based employability
programmes across the country.

 

 

 

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