20 June 2023 - trading update
The recruitment group SThree has issued a trading update covering the six month period to 31 May and this has confirmed that trading has remained resilient during the period. Net fees were down 2% compared with the previous year although the latter period was particularly strong, benefitting from high levels of business post Covid. In the group's largest three markets, which represent 73% of net fees, the Netherlands grew 3%, Germany was down 1% and the USA was down 11%. The group retains a strong balance sheet and had net cash balances of £72m . . .
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