RTC Group says it's 'too early to quantify' FY revenues and profits

Recruitment firm RTC Group said on Wednesday that it still believes that it's "too early to quantify" revenues and operating profits for the 2021 full calendar year.

RTC stated throughout the first quarter it had continued to provide contract workers to the infrastructure and railway transportation sectors and internationally at similar levels seen in the final quarter of 2020.

General UK recruitment and smart-meter installation activities, which were significantly impacted by lockdowns in 2020, were said to have "picked up somewhat" in the current financial year, while its hotel and conference centre provided bedroom and meeting room facilities to key workers in line with Government guidelines.

The AIM-listed group believes that the number of contract workers required in the infrastructure and railway transportation sectors, internationally and for smart-meter installation activity, would continue at similar levels seen in the current quarter in the second, with hotel and conference centre activities picking up slightly as restrictions are set to be eased.

As of 1340 BST, RTC shares were down 5.27% at 44.05p.