Shares of Staffline Group Plc (STAF.L) are rising 6.7 percent on Monday's trading after the company said in its latest fiscal 2026 update that annual results are expected to be in line with management expectations, helped by strong trading momentum across its recruitment businesses.
On the LSE, STAF.L is up 6.71 percent on Monday's trading at 39.50 pence.
During the first four months of the year, the British recruitment and workforce solutions provider's gross profit increased 14.6 percent year-on-year, driven by a 9.1 percent rise in temporary worker hours in Recruitment GB and strong performance in Recruitment Ireland. The company also registered an improved new business pipeline and market share gains across its blue-chip customer base.
Since the start of 2026, Staffline Group said that it has repurchased 7.01 million ordinary shares at an average price of 45.36 pence per share, for a total consideration of 3.18 million pounds.
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