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SThree plc ( (GB:STEM) ) has issued an announcement.
SThree plc reported a decrease in financial performance for the fiscal year ending November 2024, with a 9% drop in net fees due to challenging global economic conditions. The company’s strategic focus remains on STEM roles and contract services, with a stable operating profit conversion ratio and robust cash position despite declines. The company has implemented operational efficiencies and a Technology Improvement Programme to position itself for future growth, while managing a reduction in dividends and commencing a share buyback program.
More about SThree plc
SThree plc is a global specialist talent partner focusing on roles in Science, Technology, Engineering, and Mathematics (STEM). The company provides both permanent and flexible contract talent to a diverse client base across 11 countries, primarily covering the Technology, Life Sciences, and Engineering sectors. SThree plc is listed on the London Stock Exchange under the ticker code STEM.
YTD Price Performance: -3.72%
Average Trading Volume: 300,490
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £367.9M
For detailed information about STEM stock, go to TipRanks’ Stock Analysis page.
