Staffline shares jump as strong growth continues

(Sharecast News) - Staffline's share price jumped on Monday after the recruitment firm reported that the strong trading experienced at the end of last year has continued, with profits rising at a double-digit rate for the start of 2026.

Gross profits from continuing activities were up 14.6% year-on-year over the first four months, helped by a 9.1% increase in temporary worker hours in the larger Recruitment GB division.

Staffline said Recruitment GB, which supplies up to 38,000 staff per day around 550 sites, has experienced "sustained demand for both temporary and agency recruitment solutions".

The performance follows a strong fourth quarter for Recruitment GB, which saw temp worker hours jump 11.1% over the year before due to a record festive peak.

The Recruitment Ireland business, which supples 4,700 staff each day on average, also saw a strong start to the year, with higher temp hours and "buoyant" activity in the permanent sector, though the company did not disclose specific growth details.

"This excellent operational performance is underpinned by a healthy new business pipeline, driven by organic growth and market share gains across Staffline's blue-chip customer base," the firm said.

Looking ahead, Staffline said that it expects full-year results to be in line with management forecast, with strong organic growth expected despite challenging macro conditions.

The stock was 7.2% higher at 39.65p by 0856 BST.

See the latest RNS on Investegate.