Friday preview: SThree to update on fourth-quarter trading

Looking at the calendar, Friday is looking pretty quiet on the corporate front with a few small-cap stocks scheduled for trading statements and results.

Looking at the calendar, Friday is looking pretty quiet on the corporate front with a few small-cap stocks scheduled for trading statements and results.

Among these is recruitment agency SThree which is due to give an update on trading in the fourth quarter of its financial year (ended November 25th).

The company reported in September that gross group profits were up 6% year-on-year on a constant currency basis in the third quarter (three months to August 26th), down from the 9% growth in the second quarter and 15% growth in the first.

The Contract side of the business was driving growth with a 10% increase, compared with Permanent gross profit which rose 2%.

The group seems reasonably equally balanced between Contract and Permanent placements, with both divisions producing £25.6m in gross profit each in the third quarter.

Meanwhile, international businesses grew profits by 13%, compared with the UK & Ireland division which reported a 6% decline.

The company's Chief Executive Russell Clements said that it had "traded satisfactorily" in the third quarter given the difficult macro-economic backdrop.

Investec said in September following the third-quarter statement that it expects full-year revenue to rise from £195.5m last year to £209m this year, with profit before tax falling from £30.3m to £25m.

INTERIMS

Acal, Creightons

INTERIM DIVIDEND PAYMENT DATE

BAE Systems, Bloomsbury Publishing, Booker Group, Charles Taylor, DCC, Development Securities, Downing Planned Exit VCT 2 'C' Shares, Downing Planned Exit VCT 2 'D' Shares , Downing Planned Exit VCT 2 'F' Shares, Downing Planned Exit VCT 2011 (General Shares), Downing Planned Exit VCT 2011 (Low Carbon Shares), Downing Planned Exit VCT 2011 (Structured Shares), Downing Planned Exit VCT 3 'C' Shares, Downing Planned Exit VCT 3 'D' Shares , Downing Planned Exit VCT 3 F Shares, Hargreave Hale AIM VCT 2, Hilton Food Group, Howden Joinery Group, ITV, Laird, Lookers, Octopus AIM VCT, Old Mutual, Panther Securities, Provident Financial, Senior

QUARTERLY PAYMENT DATE

City of London Inv Trust, F&C Commercial Property Trust Ltd., Henderson International Income Trust, Picton Property Income Ltd

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Chicago PMI (US) (13:45)

International Reserves (EU) (11:00)

Personal Consumption Expenditures (US) (13:30)

Personal Income (US) (13:30)

Personal Spending (US) (13:30)

Retail Sales (GER) (07:00)

Unemployment Rate (EU) (10:00)

Q3

Frontline Ltd.

GMS

Prime Focus London

FINALS

Cambria Africa

SPECIAL DIVIDEND PAYMENT DATE

IndigoVision Group, Ryanair Holdings

EGMS

Alpha Real Trust Ltd.

AGMS

Aquarius Platinum Ltd., Charteris, Ferrum Crescent Ltd NPV (DI), Forte Energy NL, Pan African Resources, Prime Focus London, Utilitywise

TRADING ANNOUNCEMENTS

SThree

FINAL DIVIDEND PAYMENT DATE

IndigoVision Group, JPMorgan Overseas Inv Trust, London Finance & Investment Group, Manchester & London Inv Trust, Swallowfield, Wolseley

BC

Recommended

The ten highest dividend yields in the FTSE 100
Income investing

The ten highest dividend yields in the FTSE 100

Rupert Hargreaves takes a look at the companies with the highest dividend yields in the UK’s blue-chip index
6 Feb 2023
The outlook for Shell shares is mixed, despite bumper profits
Energy stocks

The outlook for Shell shares is mixed, despite bumper profits

With profits surging, it looks as if Shell is on a roll, but the company’s growth from here is hard to see as Rupert Hargreaves explains.
6 Feb 2023
The top funds to invest in
Funds

The top funds to invest in

As market volatility and recessionary fears continue, here are the most popular funds, stocks and trusts investors are putting their money into accord…
2 Feb 2023
The top ten dividend stocks in the FTSE 250
Share tips

The top ten dividend stocks in the FTSE 250

The average FTSE 250 dividend yield is around 4%, but many stocks yield much more. Rupert Hargreaves picks the best FTSE 250 stocks for income investo…
17 Jan 2023

Most Popular

Best savings accounts – February 2023
Savings

Best savings accounts – February 2023

Interest rates on cash savings are making a comeback. We look at the best savings accounts on the market now
6 Feb 2023
The best one-year fixed savings accounts - February 2023
Savings

The best one-year fixed savings accounts - February 2023

Earn almost 5% on one-year fixed savings accounts.
6 Feb 2023
Share tips of the week – 3 February 2023
Investments

Share tips of the week – 3 February 2023

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages
3 Feb 2023