UK's SThree rises as net fee decline slows in first half
Today 08:40
BUZZ-UK's SThree rises as net fee decline slows in first half ** Recruiting firm SThree STEMS.L rises 2.6% to over one-month high of 171.2p
** Co reports H1 net fees of £147.7 mln ($197.8 mln), down 7%, but with the pace of decline slowing from an 8% fall in Q1 and a 12% drop in FY2025
** Reiterates FY2026 outlook with "cautious optimism"
** Of four analysts covering the stock, three rate it "buy" or higher and one "hold"; median PT 255p - LSEG data
** Stock down nearly 13% YTD, as of last close
($1 = 0.7462 pounds)
(Reporting by Amna Mariyam in Bangalore)
((amna.mariyam@thomsonreuters.com; 8448625620))