RNS Number: 6516 A Caspian Sunrise plc 03 June 2021. The Board of Caspian Sunrise is pleased to provide the following operational update. Importantly,.
SThree expects profits to beat forecasts after strong demand for science staff
A look at the main movers on the London market on Thursday
SThree PLC (LON:STEM) has jumped more than 7% after the staffing group said full year profits would beat City forecasts.
The company, which specialises in recruitment roles in Science, Technology, Engineering and Mathematics said its trading performance in the second quarter had been stronger than expected, especially in Life Sciences and Technology. There were also good erformances from its US, German and Dutch businesses.
It added: Whilst there remains a level of uncertainty around the second half of the financial year, particularly in regard to new COVID-19 variants and the impact of annual leave backlogs for both contractors and our own employees, the strength of the first half means that the board now expects profit before tax for the 12 months to 30 November 2021 to be materially above market consensus [of pretax profits of £39.7mln