RTC Group trades in line with 'positive expectations'

Recruitment business RTC Group said on Friday that it has traded in line with "positive expectations" about its short, medium and long-term prospects since June.

RTC Group stated it was "confident" of its trading prospects for the current financial year and expects to announce audited results for the year ending 31 December on or around 24 March 2025.

Chairman Andy Pendlebury said: "Economic conditions across the UK remain challenging, driving both fierce competition and revenue concerns, as evidenced by a number of earning downgrades across the sector. Despite this, we continue to drive growth through our focus on strong sector positioning, our people development, our systems enhancement, and our attention to excellent service and quality which continues to provide valuable differentiation for us with our clients.

"Whilst the recent budget will no doubt intensify both cost pressures and competition across all sectors of the economy during 2025, we remain confident in our ability to capture further value for our shareholders as the government's commitment to investment in large-scale infrastructure projects begins to unfold."

As of 1000 GMT, RTC shares were up 7.69% at 105.0p.

Reporting by Iain Gilbert at Sharecast.com