StockMarketWire.com - Specialty recruitment group SThree said it boosted its gross profit by 13% in the third quarter, as strength in continental Europe and the US offset a slump in the UK and Ireland.

The company -- which focused on the so-called STEM professions of science, technology, engineering and mathematics -- said gross profit for the three months through August rose 24% in continental Europe and 8% in the US.

In the UK and Ireland, however, gross profit fell 10%.

The amount of gross profit generating outside the UK and Ireland had risen to 84%, compared to 80% on-year.

'We are pleased to have delivered another strong quarter, continuing the momentum of the second quarter, which was also up 13%,' chief executive Gary Elden said.

'The group is benefiting both from the broad geographic reach of its operations and from its focus on the best STEM markets.'

'Looking ahead, trading conditions in the majority of our markets are encouraging and we enter the fourth quarter, our most significant trading quarter, with confidence in our full year prospects.'


At 8:20am: [LON:STHR] SThree PLC share price was +4.5p at 349.5p



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