£35 million contract wins
For immediate release 13 March 2019
STAFFLINE GROUP PLC
("Staffline" or "the Group")
£35 million contract wins
Staffline, the Recruitment and Training group, is pleased to announce that its PeoplePlus division has been successful in the latest round of Education and Skills Funding Agency's ("ESFA") European Social Fund competition, securing contracts worth a total of £35 million over a 27-month period, commencing in April 2019. The contracts cover 10 Local Enterprise Partnership ("LEP") areas across England.
PeoplePlus currently delivers equivalent European Social Fund contracts worth £14 million, so these wins represent an increase of 250% and make PeoplePlus the largest provider of Skills Support for the Unemployed with a market share of c.47%.
Chris Pullen, Chief Executive Officer of Staffline, commented:
"Expanding our presence in training and skills is a key strategic growth priority for our PeoplePlus division. These excellent competition results build on our outstanding track record of supporting unemployed people to move into work, and further demonstrates our continued success in transitioning PeoplePlus into the UK's leading skills and training provider."
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For further information, please contact:
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Staffline Group plc Chris Pullen, Chief Executive Officer Michael Watts, Chief Financial Officer |
via Vigo Communications |
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Liberum NOMAD and Joint Broker Steve Pearce / Joshua Hughes |
020 3100 2222 |
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Berenberg Joint Broker Chris Bowman / Toby Flaux |
020 3207 7800
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Vigo Communications Financial PR Jeremy Garcia / Antonia Pollock / Charlie Neish |
020 7390 0230
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Note for Editors
About Staffline - Recruitment, Training and Support
Enabling the Future of Work™
Staffline is the UK's market leading Recruitment and Training group. It has two divisions:
Recruitment Division
The UK's leading provider of flexible blue-collar workers, supplying over 60,000 staff per day to c. 1,500 private sector clients, across a wide range of industries including agriculture, drinks, driving, food processing, logistics and manufacturing. It operates from over 400 locations in UK, Eire and Poland.
Its world leading Customer Experience platform provides optimised customer-based staffing management solutions whilst providing market-leading levels of job satisfaction for workers.
PeoplePlus Division
The leading adult skills and training provider in the UK, delivering apprenticeships, adult education, prison education and skills-based employability programmes across the country.
Education and Training - market leading provider of training courses for private sector Apprenticeships (both Levy and non-Levy) and Government funded Adult Skills programmes.
Employability - top quartile performer, supporting Government programmes providing back-to-work education and support services to the unemployed.
Justice and Community - education and training services for prisoners and ex-offenders, as well as individual support services for carers and people with disabilities, both at home and in the work place.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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