Sthree Plc · LSE:STEM
Sthree — H1 2021 Earnings Presentation
7 slides from Sthree's earnings presentation, Jun 14, 2021
Slide 1: HY 2021 Trading Update
HY 2021 TRADING UPDATE 14 JUNE 2021
Slide 2: Agenda
AGENDA • H1 Trading overview • Regional performance • Business composition • Summary • Q&A 2
Slide 3: HY – Trading
HY – TRADING Performance ahead of expectations in Q2 drives HY net fees up both YoY and vs 2019 H1 Q2 Q1 • Q2 net fees up 8% vs 2019 H1 Q2 Q1 2021 2021 2021 • H1 net fees up 3% vs 2019 2021 2021 2021 vs vs vs YoY YoY YoY 2019 2019 2019 • Profit expectations for FY21 recently upgraded, as announced 3
Slide 4: HY – Regional Performance
HY – REGIONAL PERFORMANCE DACH: Q2 • Strong performance with net fees up 16% YoY H1 2021 Q2 2021 Q1 2021 H1 2021 2021 YoY YoY YoY vs 2019 • Life Sciences up 21% and Technology up 25% YoY vs 2019 EMEA excluding DACH: DACH +16% +28% +3% +15% +17% • Represents a robust performance in NL up 8% YoY • UK
Slide 5: Continued Strong Positioning
CONTINUED STRONG POSITIONING STRONG BALANCE SHEET GEOGRAPHICALLY & SECTORALLY BALANCED £48m 2% 14 % 16% 7% 9% net cash at 31 May 2021 31% 33 % 2% 20% (2020: £31m) 10 % 22% 45% 47% 12% RESILIENT CONTRACT BUSINESS MODEL 74% 16 % 15% 24% 22% 24% 25 % Germany USA NL UK Japan ROW Technology Life Sciences
Slide 6: H1 Summary
H1 SUMMARY Strong recovery and growth vs 2019 Success of differentiated model • Strong improvement in performance, with net fees surpassing the equivalent and ongoing strategy period in 2019 • Upgraded full year profit expectations on 3 June 2021 • Sustained improvement in new deal activity and cont
Slide 7: Questions?
QUESTIONS? 7