UK's SThree gains after lifting annual pretax profit forecast

SThree

22/09/2026 08:13

** Shares of recruiter SThree STEMS.L rise 3.1% to 314 pence
** Co raises fiscal 2026 pretax profit guidance to at least £12 million ($16.04 million) from prior guidance of about £10 million, helped by cost-cutting measures and continued growth in the US market
** Third-quarter group net fees fall 2% year-on-year, marking third quarter of sequential improvement
** Contractor order book rises 5% year-on-year to £148 million, reflecting improved new business activity and providing about five months of net fee visibility
** Stock up ~60% YTD

($1 = £0.7481)

 (Reporting by Neeshita Beura in Bengaluru)
 ((Neeshita.Beura@thomsonreuters.com))