Staffline Group PLC shares rose on Wednesday, after it said momentum seen in 2023 has continued into the new year.

Shares in the Nottingham, England-based company were up 7.3% to 32.40 pence each in London on Wednesday around midday.

Ahead of its annual general meeting, the recruitment and training said momentum seen in the fourth quarter of 2023 has continued in the first four months of 2024.

‘In particular, the group is encouraged with the performance of its recruitment businesses, which supported strong trading cashflow performance, that is ahead of management expectations,’ it added.

Looking ahead, Staffline said it is optimistic it can achieve annual results in line with management expectations.

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