Contract placements drive SThree's growth

It is tough out there for recruitment agencies but SThree is still making headway around the world, except in the UK and Ireland, where profits took a dip.

It is tough out there for recruitment agencies but SThree is still making headway around the world, except in the UK and Ireland, where profits took a dip.

The group said that in its third quarter (Q3), which runs from May 27th to August 26th, group gross profit was up 6% on a constant currency (CC) basis to £51.3m from £50.2m in the corresponding period of last year. That growth rate represents a slow-down from 9% growth (on a CC basis) seen in the second quarter, and 15% growth in the first.

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