SThree Resumes Dividend But Annual Profit Drops As Fees Suffer
Mon, 25th Jan 2021 11:27
(Alliance News) - SThree PLC on Monday reported a drop in annual fees and profit but said its performance showed the resilience of the company.
In the 12 months to November 30, the staffing firm recorded pretax profit of GBP30.6 million, down 49% year on year from GBP56.8 million.
Revenue slipped 9% to GBP1.20 billion from GBP1.32 billion, while net fees fell to GBP308.6 million from GBP338.0 million.
Sthree has proposed a final dividend of 5.0 pence after foregoing an interim payout amid the prevailing uncertainty caused by the pandemic. The company distributed an 5.0p interim dividend the year before.