Staffline Group (AIM:STAF) shares were lifted 7.2% to 39.7p after an AGM trading update said the company expects FY 2026 results to be in line with management expectations. The shares traded between 37.0p and 40.0p on volume 214,949, and the board said it had repurchased 7.01 million shares since the start of 2026 at an average price of 45.4p for a total of £3.18 million.
Across the first four months of 2026, the company delivered a 14.6% increase in gross profit relating to continuing activities, underpinned by a 9.1% year-on-year uplift in temporary worker hours in Recruitment GB and a strong start in Recruitment Ireland driven by higher temporary hours and buoyant permanent recruitment activity.
The company said the operational performance is supported by a healthy new business pipeline, driven by organic growth and market share gains across Staffline's blue‑chip customer base, and the Board has repurchased 7.01 million shares since the start of 2026 at an average price of 45.36p per share for a total consideration of £3.18 million.
Staffline it remains confident that, notwithstanding the ongoing challenging macro-economic backdrop, FY 2026 results will be in line with management expectations.
