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Staffline says margins hurt by workforce shift, cuts forecast


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May 17 (Reuters) - Staffline Group Plc said ongoing Brexit uncertainty was driving companies to move a significant number of temporary workers into permanent positions to protect against the risk of the labour market tightening, hurting its margins.

The blue-collar recruiter said on Friday that it cut its full-year adjusted operating profit forecast to a range of 23 million pounds to 28 million pounds.

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May 17 (Reuters) - Staffline Group Plc said ongoing Brexit uncertainty was driving companies to move a significant number of temporary workers into permanent positions to protect against the risk of the labour market tightening, hurting its margins.

The blue-collar recruiter said on Friday that it cut its full-year adjusted operating profit forecast to a range of 23 million pounds to 28 million pounds.






This article appears in: Politics , World Markets , Stocks , Economy
Referenced Symbols: STAF




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