Staffline Group PLC New Business Update (8184H)

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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 
  Albert Ellis, Chief Executive Officer 
  Daniel Quint, Chief Financial Officer 
 
 Liberum (Nominated Adviser and Broker) 
  www.liberum.com 
  Richard Lindley / Satbir Kler            020 3100 2222 
 
 Zeus (Joint Broker) 
  www.zeuscapital.co.uk 
  David Foreman (Investment Banking) 
  Nick Searle (Sales)                      020 3829 5000 
 
 Vigo Consulting (Financial PR)            020 7390 0230 
  www.vigoconsulting.com                    Staffline@vigoconsulting.com 
  Jeremy Garcia / Kate Kilgallen

About Staffline - Recruitment, Training and Support

Enabling the Future of Work(TM)

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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August 01, 2023 02:02 ET (06:02 GMT)

Staffline (AQSE:STAF.GB)
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