22nd Apr 2015 08:57
LONDON (Alliance News) - RTC Group PLC on Wednesday said it has continued to trade well and expects to meet market expectations for the full year, with solid trading in all of its divisions.
RTC Chairman Bill Douie, in a statement to be given at the outsourcing company's annual general meeting, said RTC has traded well since reporting is full-year results last month and is seeing continued strong demand.
The contract won by its Ganymede subsidiary to provide contingent labour services for Network Rail Infrastructure Ltd over the next five years is underway, Douie said, while the investment made in boosting the headcount in its ATA business is set to deliver benefits in the second half of 2015.
Its GSS business has now secured a number of additional contracts with Kellogg, Brown, Root in both Afghanistan and Iraq under its existing deal to support NATO operations, while its Derby Conference Centre operation is performing well and is performing in line with RTC's expectations.
"Whilst it is still early in the current financial year, trading remains positive, and the board is confident the group will meet market expectations for 2015," Douie said.
Shares in RTC were untraded Wednesday, having last traded at 71.50 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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