One of Nottinghamshire's largest companies has recorded a £44 million in the last year, despite seeing demand for some of its services increase during lockdown.
Recruitment and training provider Staffline also confirmed its revenue had declined from £1.2 billion in 2018 to £1.07bn in the last financial year.
The Nottingham-headquartered company, whose customers includes Sainsbury's and Tesco, says the impact of Covid-19 has been 'mixed' in its annual accounts, released publicly on Tuesday, August 4.
There has been a surge in demand for people to work in food distribution and production supply chain sectors, but a dramatic fall across retail, manufacturing and classroom-based training.
Ian Lawson, executive chairman, said in a statement: "The current macroenvironment is dominated by the global Covid-19 pandemic and I am pleased to report that all our facilities, where open, currently remain operational in line with government advice.
"Whilst there has been an inevitable reduction in volumes in certain sectors, we have taken measures to mitigate the effect of these.
"Our priority is the health, safety and wellbeing of our employees, suppliers and customers.
"We have taken a number of actions, in line with government advice, to facilitate this and continue to monitor the situation to ensure we are employing best practice.
"The ultimate impact of the Covid-19 pandemic on the economy and Staffline is uncertain, and the board does not underestimate the operational and macroeconomic challenges that lie ahead for the company, so therefore the company is not making a forecast for 2020."
Overall the report show the company reported a loss after tax of £44 million. It made a loss of £16m last year.
Last June the company set aside £15.1 million to deal with historic underpayment of workers and scrapped its dividend for 2018 to raise £37 million to cut its debt.
This came after a review in 2018 suggested the underpayment related to the preparation time of workers in some food production facilities.
