Sthree Plc · LSE:STEM
Sthree — H1 2020 Earnings Presentation
15 slides from Sthree's earnings presentation, Jun 15, 2020
Slide 1: H1 Trading Update
H1 TRADING UPDATE 15 JUNE 2020
Slide 2: H1 – An Overview
H1 – AN OVERVIEW 3 phases of response to the COVID-19 crisis by SThree Initial response Ongoing management Recovery phase SAFE AND EFFECTIVE OPERATIONS SECURING THE LONG-TERM STRENGTH OF THE GROUP ensuring the heath and safety of our ensuring that we retain the skills, capacity and teams whilst main
Slide 3: H1 – Trading
H1 – TRADING Contract showing Strong balance sheet Financial strength H1 Q2 Q1 resilience 2020 2020 2020 YOY YOY YOY Contract -5% -11% +2% 76% £31m £136m of net fees net cash at total accessible Permanent -12% -17% -6% (H1 2019: 74%) 31 May 2020 liquidity comprises of cash, a £50 million RCF, £5m ov
Slide 4: H1 – Regional Performance
H1 – REGIONAL PERFORMANCE DACH: H1 2020 Q2 2020 Q1 2020 • Solid performance, grounded by significant growth in Q1 H1 2020 YOY YOY YOY • Resilience in Tech – Infrastructure and Software Development EMEA excluding DACH: DACH £50.1m -1% -9% +9% • Largely reflects UK’s challenging performance • Resilien
Slide 5: H1 – Positioning Ourselves for the Future
H1 – POSITIONING OURSELVES FOR THE FUTURE We have a strong financial We’re seeing an We’re using this time to put position and have the acceleration of the secular our best foot forward liquidity to see us through the trends we talked to you about at the Capital period ahead and beyond Markets Day 5
Slide 6: STEM Pulse Check
STEM PULSE CHECK
Slide 7: STEM Pulse Check: The people trends our clients are facing
STEM PULSE CHECK The people trends our clients are facing in the period What are your biggest people challenges currently? 22% Keeping staff safe in the workplace and/or remotely 21% Enabling remote working and collaboration 19% Balancing employee retention with safeguarding the business’ future 14%
Slide 8: STEM Pulse Check: The people trends our clients are facing
STEM PULSE CHECK The people trends our clients are facing in the period No one simple Common themes Unprecedented answer – company across many sectors volatility in shift of skill and niche specific • Investing in making IT type in the period infrastructure more resilient situations • Digitisation o
Slide 9: No One Single Answer – Niche Dependent
NO ONE SINGLE ANSWER – NICHE DEPENDENT For example Life Sciences: focal point of the COVID-19 response • Strain on digital health services has increased demand for What changes have you seen in your staffing plans experts in healthcare technology (Life Science view)? • Impact of deprioritised medica
Slide 10: However There Are Common Themes
HOWEVER THERE ARE COMMON THEMES IT INFRASTRUCTURE DIGITISATION OF RECONFIGURATION OF PROCESSES CUSTOMER CHANNELS ‘Our aggressive programme of IT ‘Growing sales is the main priority ‘The shift away from in-store change has put us in a good by leveraging a digital platform sales has been a challenge.
Slide 11: Key Priorities for Our Customers
KEY PRIORITIES FOR OUR CUSTOMERS MANAGEMENT OF A MORE RE-BUILDING SUPPLY DIGITAL TRANSFORMATION FLEXIBLE AND RESILIENT CHAINS WITH A FOCUS ON ACCELERATION WORKFORCE OF THE FUTURE RESILIENCE AND SUSTAINABILITY (JUST IN TIME – JUST IN CASE) • Customer channels • Business continuity • Rethinking journe
Slide 12: Help Is Needed to Navigate the Environment
HELP IS NEEDED TO NAVIGATE THE ENVIRONMENT What staffing challenge(s) are we currently facing? 30% 26% 25% 25% 23% 21% 20% 15% 10% 5% 5% 0% End to end virtual Virtual candidate Workforce planning Sourcing candidates Access to talent and recruitment process onboarding staffing trends 12
Slide 13: What Do Our Customers Think the Future Looks Like?
WHAT DO OUR CUSTOMERS THINK THE FUTURE LOOKS LIKE? Flexible working and remote onboarding are key to workforce management in the ‘New Normal’ TALENT GAPS ACCESS TO NOT ALL TRENDS FLEXIBILITY IS HEIGHTENED SKILLS IS KEY ARE TEMPORARY IMPORTANT ‘Data collection, Business ‘Having quality ‘More companie
Slide 14: STEM Flexible Working
WE BRING SKILLED PEOPLE TOGETHER TO BUILD THE FUTURE STEM 3% FLEXIBLE WORKING The short-to-mid term project 23% work often required or desired 20% 26% from STEM specialist workers Life Technology Sciences 45% Engineering Banking & Other Employed Freelance Permanent Finance contractor contractor 21%
Slide 15: s|threé®
s|threé®