$STAF - 10/10/2017 PR!!! Staffing 360 Solutions Ex
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Posted On: 10/11/2017 9:03:54 AM
$STAF - 10/10/2017 PR!!! Staffing 360 Solutions Executive Chairman Brendan Flood Updated M&A Plans at 2017 Executive Forum Europe
"Mr. Flood reaffirmed the Company’s target of growing to $500 million in annualized revenue and placed a target timeline of two years on the plan. Additionally, he outlined that the early indications on the two recent acquisitions – CBSbutler in the UK and firstPRO Georgia in the US – are all positive and confirmed that these two acquisitions will more than double the profitability of Staffing 360 Solutions . He further stated that the refinancing of the Balance Sheet allows operating cash flow to be invested in strong organic growth and that the management team are currently developing plans for these investments into 2018 ."
"Mr. Flood reaffirmed the Company’s target of growing to $500 million in annualized revenue and placed a target timeline of two years on the plan. Additionally, he outlined that the early indications on the two recent acquisitions – CBSbutler in the UK and firstPRO Georgia in the US – are all positive and confirmed that these two acquisitions will more than double the profitability of Staffing 360 Solutions . He further stated that the refinancing of the Balance Sheet allows operating cash flow to be invested in strong organic growth and that the management team are currently developing plans for these investments into 2018 ."
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