tiprankstipranks
Trending News
More News >

RTC Group Plc Reports Stable 2024 Financial Results Amid Industry Challenges

Story Highlights
  • RTC Group Plc is a recruitment business offering labor solutions in various sectors.
  • RTC reported stable 2024 results with a profit of £2.6m and a proposed dividend increase.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

RTC Group plc ( (GB:RTC) ) has shared an update.

RTC Group Plc reported its audited results for the year ended December 31, 2024, showcasing a stable financial performance despite a slight decrease in revenue. The company achieved a profit before tax of £2.6 million and maintained a strong balance sheet with no gearing. The Group’s strategy of building a diverse portfolio of sector-specific subsidiaries has continued to provide value for shareholders, with a proposed final dividend of 5.0p per share. The company remains optimistic about its future prospects, supported by a solid order book and strong client relationships, despite challenges from past economic downturns and industrial disturbances.

More about RTC Group plc

RTC Group Plc is an AIM-listed recruitment business that specializes in providing temporary and permanent labor to a wide range of industries both domestically and internationally. Through its UK division, it operates under the Ganymede and ATA brands, offering recruitment services in sectors such as rail, energy, construction, and transportation. Internationally, RTC operates through the GSS brand, delivering staffing solutions for projects in various global sectors.

YTD Price Performance: 7.69%

Average Trading Volume: 9,641

Technical Sentiment Signal: Sell

Current Market Cap: £14.29M

For detailed information about RTC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App