LONDON (dpa-AFX) - SThree Plc (STHR.L) reported that its third-quarter group net fees declined 14 percent year-over-year to 75.7 million pounds, impacted by declines in aggregate demand as a result of the COVID-19 pandemic across all of its territories and sectors.
The Contract business net fees were down 12% in the quarter. The contractor order book has grown 1% since the half year as the Group sees increased sales activity levels along with increased contractor retention levels.
DACH net fees were down 9% in the quarter. Life Sciences business net fees were down 1% with increased demand in Quality Assurance and Clinical Research & Development. All other sectors declined in the quarter.
Mark Dorman, Chief Executive, said,'.. We are pleased to have recorded a resilient performance thanks to the disciplined execution and hard work of our teams.'
Copyright RTT News/dpa-AFX
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