LONDON (dpa-AFX) - SThree plc (STHR.L) announced its profit before tax for the year is expected to be slightly above the top end of the range of current market expectations. The range of market expectations for adjusted pre-tax profit for the year is 37.3 to 39.0 million pounds. Adjustments relate to restructuring items of circa 3.5 million pounds in certain sales businesses and central support functions.
Fiscal year Group gross profit was 258.7 million pounds, compared to 235.6 million pounds, previous year. Gross profit was up 2% year-over-year, and ahead by 6% excluding Energy. Contract gross profit was up 8%, or up 11% excluding Energy.
Average Group sales heads were up 1% from last year. UK&I sales headcount was down 7%, Continental Europe was up 7%, USA was up 7% and Asia Pacific & Middle East was down 11%.
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