HY Trading Update

This set of results, the first since I joined the Group, demonstrates that our strategy is putting SThree ahead of the field. The engine room of our growth has continued to be the key strategic focus areas of our business - progress within the key STEM markets, particularly the USA and Continental Europe, as well as an increased Contract weighting.

Alongside our teams having capitalised on these major structural trends, it has been pleasing to note a number of other highlights for the Group. Our small but rapidly growing Permanent business in Japan, the strong performance for Energy in the US driven by trends to renewable energy and power transmission, and the strengthening of our market leading position in Life Sciences, where we continue to benefit from the emergence of new sector technology and data analytics.

To build on this growth, we are continuing to strategically invest in the areas of the business which present the greatest opportunity, consistent with our vision to be the number one STEM talent provider in the best STEM markets. With the scale of the opportunity available to us, we look forward to continuing to execute in the period ahead.

Notwithstanding the macro-economic backdrop in certain regions, the Group remains well positioned as we enter the second half, and the Board’s expectations for the full year remain unchanged.

Mark Dorman, CEO SThree plc

Please click to download the latest equity research note on SThree PLC, published by Radnor Capital Partners

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