30th Jan 2024 09:08
(Alliance News) - SThree PLC on Tuesday a slight increase in its full-year profit and revenue, lifting its payout in response.
The London-based staffing company reported pretax profit increased 1.2% to GBP77.9 million in the financial year that ended November 30 from GBP77.0 million the year before, as revenue rose 1.2% to GBP1.66 billion from GBP1.64 billion.
SThree proposed a final dividend of 11.6 pence per share, up 5.5% from 11p a year ago, bring the total dividend to 16.6p, up 3.8% from 16p.
Chief Executive Timo Lehne said: "We have been consciously investing in and positioning the business for future growth and, whilst we continue to operate in a challenging macro environment, this does not change our focus. We have a resilient business, a talented team and are building a market-leading technology suite. We are confident that our investments and innovations put the group in a position of strength to capture market share as and when the market returns to growth."
Shares in SThree fell 2.4% to 388.50 pence each in London on Tuesday morning.
By Sabrina Penty, Alliance News reporter
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