SThree warns on profits as businesses adjust to pandemic effect
The recruiter is planning restructuring programmes alongside new investments as sector trends accelerate
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.
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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%