Business
INTERIM RESULTS FOR THE HALF YEAR ENDED 31 MAY ...
INTERIM RESULTS FOR THE HALF YEAR ENDED 31 MAY ....
About this update from Sthree Plc
[{"type":"text","content":"\n \nSThree (STHR)SThree: INTERIM RESULTS FOR THE HALF YEAR ENDED 31 MAY 201823-Jul-2018 / 07:00 GMT/BSTDissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\nSThree plc\n\n(\"SThree\" or the \"Group\")\n\n \n\nINTERIM RESULTS FOR THE HALF YEAR ENDED 31 MAY 2018\n\n \n\nAn Encouraging Start To The Year\n\n \n\n \n\nFINANCIAL HIGHLIGHTS\n\n \n\n\n\n  \n \n \n  HY 2018\n \n \n   HY 2017\n \n \n  Variance (2)\n \n \n  \n \n \n Adjusted(1)\n \n \n Reported\n \n \n Reported\n \n \n Actual\n\n Movement\n \n \n Constant\n\n Currency\n\n Movement\n \n \n  \n \n \n £m\n \n \n £m\n \n \n £m\n \n \n %\n \n \n %\n \n \n Revenue\n \n \n 585.9\n \n \n 585.9\n \n \n 521.0\n \n \n +12%\n \n \n +14%\n \n \n Contract gross profit\n \n \n 106.7\n \n \n 106.7\n \n \n 94.2\n \n \n +13%\n \n \n +14%\n \n \n Permanent gross profit\n \n \n 41.7\n \n \n 41.7\n \n \n 40.2\n \n \n +4%\n \n \n +4%\n \n \n Gross profit\n \n \n 148.4\n \n \n 148.4\n \n \n 134.4\n \n \n +10%\n \n \n +11%\n \n \n Operating profit\n \n \n 20.4\n \n \n 18.0\n \n \n 19.3\n \n \n +6%\n \n \n +6%\n \n \n OP Conversion ratio (%)\n \n \n 13.7%\n \n \n 12.1%\n \n \n 14.4%\n \n \n -0.7%pts\n \n \n -0.7%pts\n \n \n Profit before taxation\n \n \n 20.3\n \n \n 17.8\n \n \n 19.2\n \n \n +6%\n \n \n +6%\n \n \n Basic earnings per share\n \n \n 11.6\n \n \n 10.1\n \n \n 11.0p\n \n \n +5%\n \n \n +5%\n \n \n Interim dividend per share\n \n \n 4.7p\n \n \n 4.7p\n \n \n 4.7p\n \n \n -\n \n \n -\n \n \n Net (debt)/cash\n \n \n (6.2)\n \n \n (6.2)\n \n \n 5.2\n \n \n -\n \n \n -\n \n \n\n \n\n (1) HY 2018 figures were adjusted for the impact of £2.4 million of exceptional strategic restructuring costs.\n\n(2) All variances compare adjusted HY 2018 against reported HY 2017 to provide a like-for-like view. There were no adjustments to H1 2017.\n\n \n\n \n\n \n\nOPERATIONAL HIGHLIGHTS \n\n \n\n\n *          \n \n \n Encouraging first half performance; Group GP up 11%* year on year ('YoY') to £148.4m (HY 2017: £134.4m), with accelerated momentum in ...