SThree drops as growth slows in second quarter

SThree, the specialist recruitment firm, has reported slowing growth in profits in its second quarter as the macro environment begins to make placing people in jobs more difficult.

SThree, the specialist recruitment firm, has reported slowing growth in profits in its second quarter as the macro environment begins to make placing people in jobs more difficult.

In the six months to May 27th gross profit was £99.9m, up 12% on the prior year but growth slowed noticeably in the second three months of the period, which was only 9% ahead of the previous year.

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