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SThree pretax profit plunges 75% amid hiring slowdown.

7/21/2026

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Summary

Story summary

SThree reported a 75% like-for-like decline in half-year pretax profit.
Pretax profit fell to £2.7 million ($3.63 million) for the six months ended May 31, down from £10.1 million a year earlier.
Weak hiring in Germany and the Netherlands drove the decline as firms delay recruitment amid Iran-war uncertainty.
SThree projects fiscal 2026 pretax profit of about £10 million, above analysts’ average forecast of £8.8 million.

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Story summary

SThree reported a 75% like-for-like decline in half-year pretax profit.
Pretax profit fell to £2.7 million ($3.63 million) for the six months ended May 31, down from £10.1 million a year earlier.
Weak hiring in Germany and the Netherlands drove the decline as firms delay recruitment amid Iran-war uncertainty.
SThree projects fiscal 2026 pretax profit of about £10 million, above analysts’ average forecast of £8.8 million.