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RTC Group issues 'positive' FY trading update

By Iain Gilbert

Date: Friday 24 Jan 2020

RTC Group issues 'positive' FY trading update

(Sharecast News) - Recruitment firm RTC Group provided investors with a "positive" full-year trading update on Friday, stating that it had traded in line with current market expectations.
The AIM-listed firm, which expects to announce its preliminary results on or around 24 February, said the performance of the group throughout 2019 and the improvement in its net debt position was "extremely pleasing and encouraging".

RTC highlighted that its performance was "especially" pleasing in light of the recent uncertainty surrounding the UK economy.

Chairman Bill Douie said: "I believe our results are a clear endorsement of the strategic path being followed by the group and I remain cautiously confident in our ability to deliver continued growth across all areas of our business."

As of 0950 GMT, RTC shares had shot up 9.84% to 67p.


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