RTC’s Ganymede secures major UK rail and energy framework awards

RTC Group plc (LSE:RTC) has announced that its subsidiary, Ganymede Solutions, has landed a series of new and renewed framework agreements with leading UK infrastructure and energy clients. The contracts strengthen the group’s position as a workforce partner to critical national infrastructure projects, supporting its aim of developing more predictable, longer-duration revenue streams. However, the framework arrangements do not guarantee specific work volumes or income levels.

Among the key wins is an eight-year agreement to provide safety-critical and contingent labour to the Southern Renewals Enterprise, part of a £9 billion collaborative programme led by Network Rail in the Southern region. The contract further embeds Ganymede within the UK rail upgrade and maintenance ecosystem.

In the energy sector, Ganymede has secured a 12-month extension to its smart meter engineering services contract with E.ON UK plc, reflecting ongoing client demand for its skilled engineering workforce and reinforcing its cross-sector capabilities.

From an investment standpoint, RTC Group’s profile is supported by favourable technical signals and comparatively attractive valuation measures. Strategic contract momentum and recent corporate developments enhance its growth narrative, though moderate financial performance and pressures on cash flow indicate scope for operational improvement.

More about RTC Group plc

RTC Group is an AIM-listed recruitment and staffing provider delivering both temporary and permanent labour solutions in the UK and internationally. Through its brands — Ganymede, ATA Recruitment and GSS — the group serves sectors including rail, energy and utilities, manufacturing and engineering, construction, highways, transportation, water and environmental services, as well as complex overseas engineering projects.

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