leadf
logo-loader
viewClearStar Inc

ClearStar chief Bob Vale bullish on growth prospects

Robert Vale, chief executive of employee intelligence specialist ClearStar (LON:CLST), says the company is beginning to focus on larger companies and contracts after recent growth.

The AIM-listed firm operates in the background check industry, screening personnel, providing medical information services and technologies that fit into the human resources systems of its customers.

Today it said turnover rose by 43% to $7.5mln (US$5.2mln) in the half year to June, as the company screened more than 1.1mln potential employees for 23,000 customers.

That led Cenkos to upgrade ClearStar to a ‘Buy’ with the broker claiming that the shares are now undervalued and should be attracting the attention of investors.

Quick facts: ClearStar Inc

Price: - -

AIM:CLSU
Market: AIM
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of ClearStar Inc named herein, including the promotion by the Company of ClearStar Inc in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

ClearStar reveals increased revenue numbers driven by new types of...

ClearStar Inc (LON:CLSU) CEO Robert Vale tells Proactive the company has reported positive financial metrics for 2019, moving into new lines of business including the petrochemical space. Vale says increased medical service demand, new types of screening services drove growth for the...

on 05/07/2020

2 min read