Financial Information
| 2007 | 2008 | 2009 | 2010 | 2011 | |
|---|---|---|---|---|---|
| £'000 | £'000 | £'000 | £'000 | £'000 | |
| Revenue | 522,698 | 631,520 | 519,372 | 474,451 | 542,450 |
| Gross profit | 182,665 | 218,939 | 171,155 | 166,368 | 195,530 |
| GP Margin % | 34.9% | 34.7% | 33.0% | 35.1% | 36.0% |
| Operating profit | 52,257 | 56,810 | 17,996 | 21,216 | 29,963 |
| Conversion ratio % | 28.6% | 25.9% | 10.5% | 12.7% | 15.3% |
| PBT (before exceptional items) | 50,324 | 56,008 | 17,977 | 21,649 | 30,299 |
| Operating cash flow | 29,316 | 86,971 | 63,484 | 31,765 | 36,367 |
| Cash conversion % | 29% | 142% | 326% | 123% | 102% |
| Net cash | 4,504 | 24,584 | 48,475 | 55,218 | 55,605 |
| pence | pence | pence | pence | pence | |
| Basic EPS (before exceptional items) | 25.2 | 29.9 | 9.5 | 11.9 | 16.8 |
| Dividend per share | |||||
| Basic | 9.3 | 12.0 | 12.0 | 12.0 | 14.0 |
| Special | - | - | - | - | 11.0 |
Segmental
| 2007 | 2008 | 2009 | 2010 | 2011 | |
|---|---|---|---|---|---|
| GP - UK & Ireland* | 81% | 66% | 45% | 41% | 36% |
| GP - Continental Europe | 19% | 34% | 51% | 49% | 51% |
| GP - Rest of the World | 0% | 0% | 4% | 10% | 13% |
| Contract % | 49% | 52% | 58% | 51% | 48% |
| Permanent % | 51% | 48% | 42% | 49% | 52% |
| ICT % | 82% | 77% | 72% | 62% | 60% |
| Non ICT % | 18% | 23% | 28% | 38% | 40% |
Key Performance Indicators
| 2007 | 2008 | 2009 | 2010 | 2011 | |
|---|---|---|---|---|---|
| Permanent Placement Volume | 9,568 | 10,236 | 6,060 | 6,551 | 7,434 |
| Permanent Average Fee (£) | 9,780 | 10,355 | 11,930 | 12,123 | 13,061 |
| Contract Runners Volume | 5,662 | 5,745 | 4,157 | 4,359 | 4,692 |
| Gross Profit Per Day Rate - contractors (£) | 71.40 | 78.30 | 84.69 | 84.24 | 86.70 |
| Head count (average) | 1,786 | 2,157 | 1,841 | 1,772 | 2,042 |
* In the years 2007 to 2010, Ireland was included within Europe. In 2011, the results reviewed by the chief operating decision maker show Ireland with the UK. The comparatives for the years 2007 to 2010 have been restated on the same basis.
Graphs
CEO'sView
In 2011, we substantially improved profitability whilst continuing to invest in the business. In 2012, our seasoned management team will drive the best results, whatever the market conditions.
Our Brands andSectors
SThree is the parent company for our organically grown recruitment brands, specialising in ICT, Engineering & Energy, Pharmaceuticals & Biotechnology, Banking and Accountancy & Finance.