SThree (STHR)

Sector:

Support

Index:

FTSE Small Cap

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332.50p
   
  • Change Today:
      2.50p
  • 52 Week High: 387.00p
  • 52 Week Low: 285.00p
  • Currency: UK Pounds
  • Shares Issued: 130.12m
  • Volume: 85,348
  • Market Cap: £432.64m
  • RiskGrade: 108
  • Beta: 0.01

SThree bounces back in quarter two but UK remains one big drag

By Oliver Haill

Date: Friday 16 Jun 2017

LONDON (ShareCast) - (ShareCast News) - Interim results from SThree showed the recruiter bounced back in recent months after two weak quarters.
Strong performances in Continental Europe and the USA helped the specialist staffing company lift group gross profit 2% to £134.3m, with a 4% bump in the second quarter.

SThree, which focuses on hiring for science, technology, engineering and mathematics (STEM) jobs, saw contract GP rise 9% in the second quarter and fall 6% for permanent jobs, both improving from the respective 7% growth and 14% decline in the first quarter.

UK and Irish performance remained weak in the second quarter, with GP down 14%, but this was up from -19% in the first quarter, meaning for the first half it was down 16% to £27m.

Continental Europe grew 7% in the half to £69m, USA by 16% to £29.7m and Asia Pacific and Middle East fell 4% to £8.6m as the first-quarter fall of 14% swung to a 5% gain in the second.

All in all, 80% of group GP is now generated outside the UK, up from 73%.

"We are encouraged by the improvement in momentum across the business in the period, particularly the strong performances in Continental Europe and the USA, which is now our second largest region," said chief executive Gary Elden.

He highlighted the good growth across almost all regions from the contract business, with Europe and the USA again sparkling, and said the permanent business benefited from a further improvement in productivity, of which more "remain the priority" for 2017.

"Looking ahead, the continued momentum of our contract business and improved permanent yields give us a solid base from which to grow in a macro-economic environment which remains uncertain."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SThree Market Data

Currency UK Pounds
Share Price 332.50p
Change Today 2.50p
% Change 0.76 %
52 Week High 387.00p
52 Week Low 285.00p
Volume 85,348
Shares Issued 130.12m
Market Cap £432.64m
Beta 0.01
RiskGrade 108

SThree Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.63% above the market average19.63% above the market average19.63% above the market average19.63% above the market average19.63% above the market average
22.73% above the sector average22.73% above the sector average22.73% above the sector average22.73% above the sector average22.73% above the sector average
Price Trend
8.98% below the market average8.98% below the market average8.98% below the market average8.98% below the market average8.98% below the market average
11.27% below the sector average11.27% below the sector average11.27% below the sector average11.27% below the sector average11.27% below the sector average
Income
65.53% above the market average65.53% above the market average65.53% above the market average65.53% above the market average65.53% above the market average
86.52% above the sector average86.52% above the sector average86.52% above the sector average86.52% above the sector average86.52% above the sector average
Growth
79.76% above the market average79.76% above the market average79.76% above the market average79.76% above the market average79.76% above the market average
86.57% above the sector average86.57% above the sector average86.57% above the sector average86.57% above the sector average86.57% above the sector average

What The Brokers Say

Strong Buy 5
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 7
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SThree Dividends

  Latest Previous
  Final Interim
Ex-Div 26-Apr-18 02-Nov-17
Paid 08-Jun-18 08-Dec-17
Amount 9.30p 4.70p

Trades for 18-May-2018

Time Volume / Share Price
16:52 681 @ 332.04p
16:35 786 @ 332.50p
16:27 157 @ 331.50p
16:26 500 @ 331.25p
16:24 214 @ 332.00p

SThree Key Personnel

CFO Alex Smith
CEO Gary Elden
Chair Clayton Brendish
COO Justin Hughes

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