SThree finishes year at top end of expectations
23rd Jan 2017 10:06
(ShareCast News) - International specialist staffing business SThree announced its final results for the year to 30 November on Monday, describing it as a "robust" full year performance in the face of mixed trading conditions. The London-listed firm posted adjusted profit before tax of £40.8m, sligh
Read moreSThree sees FY profit touch above top end of market views
9th Dec 2016 08:36
(ShareCast News) - Specialist staffing business SThree said on Friday that it expects pre-tax profit for the year to be slightly above the top end of the range of current market expectations of between £37.3m and £39m. In a trading update for the year to the end of November, the company said group p
Read moreBroker tips: European recruiters, Mitie, WS Atkins
21st Nov 2016 15:01
(ShareCast News) - HSBC upgraded staffing groups Page, Hays and SThree to 'buy' ratings as the sector is seen as a key beneficiary of impending inflation. Trading down at the low end of where they would expect to be in the cycle compared to industrial stocks, HSBC said recruiters are cheaper relativ
Read moreHSBC upgrades recruiters on likely inflation boost
21st Nov 2016 10:23
(ShareCast News) - HSBC upgraded staffing groups Page, Hays and SThree to 'buy' ratings as the sector is seen as a key beneficiary of impending inflation. Trading down at the low end of where they would expect to be in the cycle compared to industrial stocks, HSBC said recruiters are cheaper relativ
Read moreSThree has mixed Q3 due to EU referendum
9th Sep 2016 09:09
(ShareCast News) - Recruitment firm SThree experienced a successive mixed quarter as sales in continental Europe grew, but was affected by the EU referendum and a downturn in the energy sector. For the third quarter ended 31 August, gross profit was down 2% to £66m year-on-year, but was ahead by 2%
Read moreLead-up to Brexit vote hits SThree profits
11th Jul 2016 10:09
(ShareCast News) - Recruitment company SThree posted first-half numbers on Monday, with an 8% fall in profits being attributed to managers putting hiring decisions on ice in the lead-up to the EU referendum. The London-listed recruiter said group gross profit from permanent placements fell 2% on con
Read moreSThree's shares flop as Brexit jitters slow its UK business
10th Jun 2016 12:09
(ShareCast News) - Shares in SThree flopped almost 10% after a first half trading update revealed Britain's in-out European Union referendum on 23 June had caused a slowdown in its UK business, while weak Energy and Banking & Finance markets had dented its US growth rate. The specialist staffing com
Read moreDirector dealings: Sthree director offloads to pay tax
21st Apr 2016 15:30
(ShareCast News) - Recruiter Sthree's US operations director Steve Quinn sold £132,000 worth of the company's shares the morning of its annual general meeting. Quinn sold 40,000 shares at a price of 330p in order to discharge a tax liability and still has 264,054 shares in the company. Recent first
Read moreSThree first quarter gross profit up 10%
11th Mar 2016 09:53
(ShareCast News) - Recruiter SThree reported a jump in first quarter gross profit despite weakness in the energy division. In a trading update for the period from 1 December to date, the company said gross profit rose 10% year-on-year and 17% excluding the energy division. Chief executive Gary Elde
Read moreHays gets a boost from HSBC upgrade
15th Feb 2016 08:45
(ShareCast News) - Hays got a boost on Monday after HSBC upgraded the stock to 'buy' from 'hold' and lifted the price target to 155p from 140p as it took a look at the UK staffing sector. The bank noted Hays trades at a CY16 price-to-earnings ratio of around 13x and EV/EBITDA multiple of around 8x o
Read moreSThree full year profit and revenue jump
25th Jan 2016 12:21
(ShareCast News) - Specialist staffing business SThree posted a rise in full-year revenue and pre-tax profit thanks to strength in the group's ICT and life sciences divisions, which offset a weak performance in the energy unit. For the year to 30 November, revenue came in at £848.8m compared with £7
Read moreInterserve non-exec director to join SThree
18th Sep 2015 08:37
(ShareCast News) - Interserve non-executive director Anne Fahy is set to join the board of international specialist staffing business SThree. FTSE 250-listed Interserve, where Fahy is currently serving after being appointed in January 2013, said she will take on her new role from 1 October. Fahy wi
Read moreSThree posts 68% rise in first-half pre-tax profit
13th Jul 2015 08:55
(ShareCast News) - SThree posted a 68% rise in first-half pre-tax profit as strong growth in information and communications technology and Life Sciences offset weakness in its energy division. Pre-tax profit for the half year ended 31 May came in at £13.8m from £8.2m in 2014, on revenue of £403.6m,
Read moreSThree in line to meet FY expectations after 4Q boost
5th Dec 2014 09:23
Staffing firm SThree announced it expects its pre-tax profit for the year to be in line with market expectations, courtesy of a strong fourth quarter performance. The group said its performance in the three months to 30 November was in line with expectations and that it was on track to meet the esti
Read moreFriday broker round-up UPDATE
18th Jul 2014 07:55
Barclays: Credit Suisse cuts target price from 275p to 235p retaining a neutral rating. Barratt Developments: Liberum Capital reduces target price from 468p to 387p and downgrades to hold. Bellway: Liberum Capital reduces target price from 1900p to 1764p, while leaving its buy recommendation uncha
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