Write-offs drag down Staffline shares

By
0 mins. to read
Write-offs drag down Staffline shares
Master Investor Magazine

Master Investor Magazine 58Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

AIM-listed recruitment business Staffline (LON:STAF) saw its share price plunge 11.08% to 65.80p (as of 15:00 GMT) as it said results for the year ended 31st December would be below previous guidance. Management said that it had to increase provisions and write-offs for the period as part of its ongoing audit process.

The prior 2020 guidance has been retained.

Take part in our poll

We are reviewing our communications and would value your feedback. Ideally, how often would you like to hear from us?


Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *