Company
SThree PLC
LON:STEM
SThree is an international specialist recruitment business with 54 establishments across the UK, Ireland, Continental Europe, New York, Sydney, Hong Kong and Dubai.
25 stories
SThree results beat expectations, Liberum raises price target to 725p
Liberum raised its price target to 725p from 675p and raised profit forecasts following excellent results which showed strong performances in all markets.
Recruiter SThree increases profit guidance after strong second quarter
The focus on flexible working, both independent and employed contractors, is “delivering”, said CEO Timo Lehne
SThree says strong momentum continued into 2022
“We are encouraged by current trading and remain confident about our overall growth prospects," said interim chief executive Timo Lehne
SThree resumes dividends, chief financial officer to jump ship
The staffing specialist did not specify why Alex Smith is leaving after 12 years at the company
SThree reports 8% decline in net fees for the year due to pandemic effects
Some 89% of group net fees generated over the year were from international markets, up from 87% the year before
SThree says full-year profits to come just above market expectations
The recruiter flagged a “notable” improvement in the performance of the US and German businesses
SThree sees better underlying performance despite net fees decline
Net fees slid by 14% to £75mln in the three months to August 31, 2020, but were down by only 12% in the previous quarter
SThree half-year profits tumble due to pandemic and investment
Net fees were only down 7% and the company gained share in several markets
SThree warns on profits as businesses adjust to pandemic effect
The recruiter is planning restructuring programmes alongside new investments as sector trends accelerate
SThree to receive £50mln in government support
The recruiter has seen a drop in demand but expects the crisis to accelerate trends in its markets
SThree pauses hiring, drops final dividend amid coronavirus pandemic
The payout would have been 10.2p per share, saving £13.5mln to the recruiter
SThree sees “robust” demand but cannot predict coronavirus hit
Group net fees were flat in the first quarter though contract work went up
SThree to focus on contract staffing as Europe turns down
In the results for the year ended 30 November, net fees rose 5% to £342mln, driven by contract fees up 10% offset by permanent fees dipping 1%