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UK's SThree raises annual profit forecast after cost-cutting measures

UK's SThree raises annual profit forecast after cost-cutting measures

- Recruiting firm SThree STEMS.L raised its full-year pretax profit forecast on Tuesday, citing cost cuts undertaken by the company.

SThree now expects pretax profit of around £12 million ($16.05 million), up from an earlier forecast of around £10 million.

($1 = £0.7474)


(Reporting by Neeshita Beura in Bengaluru; Editing by Ronojoy Mazumdar)

((Neeshita.Beura@thomsonreuters.com))

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